Love Corporation provided the following data during the first year of operations: Sold 30,000 preference shares, 12%, $100 par at $140. Sold 100,000 ordinary shares of $50 par at $55. Purchased and retired 10,000 preference shares at $120. Purchased 15,000 ordinary shares at $52 to be held at treasury. Sold 10,000 treasury ordinary shares at $60. Shareholders donated to the entity 20,000 ordinary shares when shares had a market price of $60. One-half of these shares were sold for $65.   Q: How much are the balances of: Ordinary Share Capital Treasury Stock Share Premium Preference Ordinary Shares Outstanding Share Premium Treasury Preference Share Capital

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Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.