The stockholders" equity section of Sarasota Corp.'s balance sheet at December 31 is presented here. SARASOTA CORP. Balance Sheet {partial}...
see the question about accounting, please fill in 5 blank.
The stockholders“ equity section of Sarasota Corp.'s balance sheet at December 31 is presented here. SARASOTA CORP.Balance Sheet {partial} Stockholders' equity Paid-in capitalPreferred stock, cumulative, 10,833 shares authorized, 6,500 shares issued and outstanding 1; 663,000Common stock, no par, 729,310 shares authorized, 564,000 shares issued 1,fi92,000Total paid—in capital 2,355,000Retained earnings 1,180,000Total paid-in capital and retained earnings 3,535,000Less: Treasury stock (?,800 common shares] 41,600Total stockholders' equity $3,493,400 From a review ofthe stockholders“ equity section, answer the following questions. (a) How many shares ofcommon stock are outstanding? Common stock outstanding wshares (b) Assuming there is a stated value, what is the stated value of the common stock? The stated value of the common stock l:$ per share (c) What is the par value of the preferred stock? The par value of the preferred stock E$ per share
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