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Question 3 Not complete Marked out of 2.00 P Flag question Preparing the stockholders' Equity...

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Question 3 Not complete Marked out of 2.00 P Flag question Preparing the stockholders' Equity Section Prepare the stockholders' equity section of a classified balance sheet given the following account balances on December 31, 2020. Preferred stock, par $10, authorized 100,000 shares $499,000 Cash received above par of preferred stock 45,000 Common stock, no por, 108,000 shares issued (180,000 shares authorized) 360,000 Retained earnings 270.000 Stockholders' Equity Section As of December 31, 2020 Preferred stock. $10 par, 100,000 authorized shares, s issued shares Common stock, no-par, 180,000 authorized shares issued shares Paid in capital in excess of par Retained earnings $ Total stockholders' equity Check

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