Bonita Corporation’s December 31, 2020 balance sheet showed the following: 9% preferred stock, $10 par value, 59000 shares   authorized; 49000 shares issued $ 490000 Common stock, $10 par value, 4610000 shares authorized;   4510000 shares issued, 4470000 shares outstanding 45100000 Paid-in capital in excess of par—preferred stock 123100 Paid-in capital in excess of par—common stock 55270000 Retained earnings 15320000 Treasury stock (59000 shares) 1270000 Bonita’s total stockholders’ equity was $100983100. $115033100. $117573100. $116303100

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Bonita Corporation’s December 31, 2020 balance sheet showed the following:

9% preferred stock, $10 par value, 59000 shares  
authorized; 49000 shares issued $ 490000
Common stock, $10 par value, 4610000 shares authorized;  
4510000 shares issued, 4470000 shares outstanding 45100000
Paid-in capital in excess of par—preferred stock 123100
Paid-in capital in excess of par—common stock 55270000
Retained earnings 15320000
Treasury stock (59000 shares) 1270000


Bonita’s total stockholders’ equity was

$100983100.
$115033100.
$117573100.
$116303100.
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