Please show all math work. Thank you! 1. Complete stockholders\' equity section-

Question

Please show all math work. Thank you!

1. Complete stockholders' equity section-account balances given Shown below are selected account balances from the accounting records of Kuauai Corporation at December 31, 2000 Additional Paid in Capital: Common Retained Earnings Organization Costs 9% Preferred Stock, $100 par, 5,000 shares authorized & issued Dividends Payable Notes Payable Donated Capital Income Taxes Payable Common Stock, $5 par, 100,000 shares authorized S540,000 1,300,000 10,700 500,000 175,000 420,000 380,000 86,000 300,000 Complete the Stockholder's Equity section using the data provided above Stockholder's equity: 990 Preferred stock, $100 par value, 5,000 shares authorized and issued S500,000 Total Paid in Capital Total stockholders' equity

Explanation / Answer

26,40,000

Notes:
?

Stockholders Equity $ $ 9% Preferred stock, $100 par value Authorized and Issued - 5000 5,00,000 Common Stock Authorized - 100000 Issued       - 60000 (300000/5) 3,00,000 Additional Paid in capital 5,40,000 8,40,000 Total Paid-in-capital 13,40,000 Retained Earnings 13,00,000 Total Stockholders Equity

26,40,000

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