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  3. vaughn corporation's december 31, 2020 balance she

Vaughn Corporation's December 31, 2020 balance sheet showed the following: $ 118000 7% preferred stock,...

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Accounting

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Vaughn Corporation's December 31, 2020 balance sheet showed the following: $ 118000 7% preferred stock, $20 par value, cumulative, 15900 shares authorized; 5900 shares issued Common stock, $10 par value, 970000 shares authorized; 920000 shares issued, 890000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (15200 shares) 9200000 29000 11620000 3790000 319200 Vaughn's total paid-in capital was O $11017000. O $21286200. $20647800. O $20967000

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