Presented below is the information related to Purple Corporation: Common Stock, $6...

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Accounting

  1. Presented below is the information related to Purple Corporation:

Common Stock, $6 par, 100,000 shares issued and outstanding

Paid-in-Capital in Excess of ParCommon Stock $5 per share

Preferred 5% Stock, $10 par, 300,000 shares issued and outstanding

Paid-in-Capital in Excess of ParPreferred Stock $10 per share

Retained Earnings $840,000

Accumulated gain from comprehensive income $20,000

The total stockholders equity of Purple Corporation is?

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