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 Based on the preceding information, answer the following questions. (a) Calculate the total paid-in capital. Total paid-in capital $

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question-based on, "Calculate".

 

I have tried it but confused. 

 

 There is a part B to it, "Total stockholders equity".

 

Thanks for any help.

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
Based on the preceding information, answer the following questions.
(a)
Calculate the total paid-in capital.
Total paid-in capital
$
Transcribed Image Text: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 Based on the preceding information, answer the following questions. (a) Calculate the total paid-in capital. Total paid-in capital $
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