Question: ! Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section

! Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The

! Required information Problem 10-4A Analyze the stockholders' equity section (LO10-7) [The following information applies to the questions displayed below.] The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value 6,000 30,000 Additional paid-in capital 1,164,000 Total paid-in capital 1,200,000 Retained earnings 288,000 Treasury stock, 11,000 common shares (352,000) Total stockholders' equity $1,136,000 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. Problem 10-4A Part 1 Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares

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