Table 14-5
Following Is the Shareholders' Equity Section of the Balance

question 34

Short Answer

Table 14-5
Following is the shareholders' equity section of the balance sheet of Bradson Ltd.:
Contributed capital
$\begin{array}{ll}\text {Preferred shares, \( \$2\), noncumulative, 75,000 shares}\\\text {authorized, 10,000 shares issued}&\$ 300,000 \\\text {Common shares, 300,000 shares authorized,50,000}\\\text { shares issued } & \underline{400,000} \\\text { Total contributed capital } & 700,000 \\\text { Retained earnings } & \underline{490,000} \\\text { Total shareholders' equity } &\underline{ \$ 1,190,000}\end{array}$
The preferred shares are currently selling for $34.00 per share and the common shares are currently selling for $12.00 per share.
-Refer to Table 14-5.The number of common shares issued after the distribution of a 3-for-1 stock split is: __________.

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Definitions:

Female Identity

The sense of self and the personal conception of being female, influenced by both biological and sociocultural factors.

Intersexed

Pertaining to individuals born with physical sex characteristics that do not fit typical binary notions of male or female bodies.

Great Spirit

A concept in some indigenous beliefs of North America, referring to an all-encompassing, powerful, spiritual force or supreme being.