Question: Use the following to answer question 18: Presented below is information related to Hale Corporation: Common Stock, $1 par Paid-in Capital in Excess of Par-Common

Use the following to answer question 18: Presented below is information related to Hale Corporation: Common Stock, $1 par Paid-in Capital in Excess of Par-Common Stock Preferred 8 1/2% Stock, $50 par Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings Treasury Common Stock (at cost) $4,800,000 550,000 2,000,000 400.000 1,500,000 150,000 13. The total stockholders' equity of Hale Corporation is A) $9,100,000. B) $9,250,000. C)$7,600,000. D)$7,750,000.

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