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Question - Presented below is information related to Waterway Industries:
Common Stock, $1 par $3460000
Paid-in Capital in Excess of Par-Common Stock 551000
Preferred 8 1/2% Stock, $50 par 1810000
Paid-in Capital in Excess of Par-Preferred Stock 388000
Retained Earnings 1500000
Treasury Common Stock (at cost) 150000
Required - What the total stockholders' equity of Waterway Industries?
a. $6059000.
b. $7709000.
c. $6209000.
d. $7559000.
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