Presented below is information related to a company: Common Stock,$12.5 par $45,300 Paid-in Capital in Excess of
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Presented below is information related to a company:
- Common Stock,$12.5 par $45,300
- Paid-in Capital in Excess of par—Common Stock 5,500
- Preferred 8% Stock,$20 par 29,000
- Paid-in Capital in Excess of Par—Preferred Stock 4,000
- Retained Earnings 1,500
- Treasury Common Stock(at cost) 150
How many preferred shares were issued?
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