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Marigold Corporation's December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par...

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Accounting

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Marigold Corporation's December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 40000 shares authorized; 21000 shares issued $ 420000 Common stock, $10 par value, 3,000,000 shares authorized; 1, 950,000 shares issued, 1, 920,000 shares outstanding 19500000 Paid-in capital in excess of par value - preferred stock 69000 Paid-in capital in excess of par value - common stock 27500000 Retained earnings 9050000 Treasury stock (30,000 shares) 704000 Marigold total paid-in capital was $48193000. $46785000. $27589000. $47489000

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