Reference no: EM13825354
The following information is available for Mint Corporation:
Common Stock ($10 par) $1,500,000
Paid-in Capital in Excess of Par - Preferred 200,000
Paid-in Capital in Excess of Stated Value - Common 750,000
Preferred Stock 450,000
Retained Earnings 800,000
Treasury Stock - Common 50,000
Instructions
Based on the preceding information, calculate each of the following:
(a) Total paid-in capital.
(b) Total stockholders' equity.