The stockholders' equity section on the December 31 balance sheet of Hadley Corporation reported the following amounts: Preferred Stock (par $50; authorized 10,000 shares, ? issued 388900 Additional Paid-in Capital, Preferred 12970 Common Stock (no-par; authorized 20,000 shares, issued and outstanding 5,300 shares) 82710 Retained Earnings 190754 Treasury Stock, 1,000 Preferred shares at cost 57144 What is the total paid in capital for Hadley Corporation?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 2
The stockholders' equity section on the December 31 balance sheet of Hadley Corporation reported the following amounts:
Preferred Stock (par S50; authorized 10,000 shares, ? issued
388900
Additional Paid-in Capital, Preferred
12970
Common Stock (no-par, authorized 20,000 shares, issued and
outstanding 5,300 shares
82710
Retained Earnings
190754
Treasury Stock, 1,000 Preferred shares at cost
57144
What is the total paid in capital for Hadley Corporation?
Transcribed Image Text:QUESTION 2 The stockholders' equity section on the December 31 balance sheet of Hadley Corporation reported the following amounts: Preferred Stock (par S50; authorized 10,000 shares, ? issued 388900 Additional Paid-in Capital, Preferred 12970 Common Stock (no-par, authorized 20,000 shares, issued and outstanding 5,300 shares 82710 Retained Earnings 190754 Treasury Stock, 1,000 Preferred shares at cost 57144 What is the total paid in capital for Hadley Corporation?
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