Answer Happy

TB Problem Qu. 11-241 (Algo) The market price of a share of common stock at... The market price of a share of common stock at the time of issuance was $18.00, while the market price of a preferred share of stock at the time of issuance was $27.50. The company paid $12.50 per share for its treasury stock Required: Determine the missing amount in the stockholders' equity section of the balance sheet set forth below. (Input all amounts as positive values.) Stockholders' Equity Contributed Capital Preferred Stock, S2 par value, authorized 1.000.000 shares, issued 600,000 shares Additional Paid-in Capital - Preferred Stock Common Stock, 53 par value, authorized 40,000,000 shares, issued 17,500,000 shares Additional Paid-in Capital - Common Stock Total Contributed Capital Retained Earnings Treasury Stock, at Cost (11,000 shares) Total Stockholders' Equity 0 207.183.000 207.183.000