If Paid-In Capital in Excess of Par/preferred Stock Is $30,000

question 202

True/False

If paid-in capital in excess of par/preferred stock is $30,000, preferred stock is $200,000, paid-in capital in excess of par/common stock is $20,000, common stock is $525,000, and retained earnings is $105,000
(deficit), total stockholders' equity is $880,000.

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