Presented below is information related to Cullumber Corporation: Common Stock, $1 par $10364000 Paid-in Capital in Excess of Par-Common Stock 6542000 Paid-in Capital from Treasury Stock 430000 Retained Earnings 9548000 Treasury Common Stock (at cost) 696000 The total stockholders' equity of Cullumber Corporation is

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 5MCQ
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Presented below is information related to Cullumber Corporation:
Common Stock, $1 par
$10364000
Paid-in Capital in Excess of Par-Common Stock
6542000
Paid-in Capital from Treasury Stock
430000
Retained Earnings
9548000
696000
Treasury Common Stock (at cost)
The total stockholders' equity of Cullumber Corporation is
O $27580000.
$26188000.
$27150000.
$25328000.
Transcribed Image Text:Presented below is information related to Cullumber Corporation: Common Stock, $1 par $10364000 Paid-in Capital in Excess of Par-Common Stock 6542000 Paid-in Capital from Treasury Stock 430000 Retained Earnings 9548000 696000 Treasury Common Stock (at cost) The total stockholders' equity of Cullumber Corporation is O $27580000. $26188000. $27150000. $25328000.
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