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1 year ago

Reporting Stockholders' Equity

Mathematics

1 answer:

DaniilM [7]1 year ago

3 0

The total stockholders equity based on the information given will be $8285000.

<h3>How to compute the equity?</h3>

The stockholders equity will be calculated thus:

Common stock $4480000

Excess over par = $1152000

Paid in capital = $5632000

Sale of treasury = $224,000

Total paid in capital = $5856000

Retained earnings = $2,554,000

Total = $8,410,000

Less treasury stock = 125,000

Total stockholders equity = $8,410,000 - $125000

= $8285000

Therefore, the total stockholders equity based on the information given will be $8285000.

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