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Accounting Bookkeeping 3 - ACC X W Exercise 12-18 x w Problem 12-4A x @Question 3 - Assignment 3 - Conr X Chat Thread x | + X (@ https://ezto.mheducation.com/ext/map/index.html?_con=conexternal_browser=0launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252Fstudent%252Fclass%252Fsection%252F153088045#/activity/question-group/kEZASsBkE... Sign in . .. Assignment 3 Saved Help Save Exit Submit a 3 Use the information provided below to answer the following questions. Victoria Products Inc. Equity Section of the Balance Sheet October 31, 2023 Contributed capital: Preferred shares, $3.00 non-cumulative; unlimited shares authorized, A shares issued and outstanding $ 540,000 Common shares, unlimited shares authorized, 325,000 shares issued and outstanding B + Total contributed capital C Deficit Total equity 3, 468, 060 Other information: . All of the shares were issued during the first year of operations (year ended October 31, 2022). The common shares were issued for an average price of $9.60 per share. . The preferred shares were issued for an average price of $18.00 per share. . Retained Earnings at October 31, 2022, was $384,000. No dividends had been paid for the year ended October 31, 2023. Required: 1. Calculate A. Number of Preferred shares 2. Calculate B. Common shares Activate Windows Go to Settings to activate Windows. Mc Type here to search 4.C Partly sunny G 11:12 AM 11/18/2025