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Business, 15.11.2019 19:31 jwbri

The stockholders' equity accounts of cyrus corporation on january 1, 2017, were as follows.

preferred stock (7%, $100 par noncumulative, 5,000 shares authorized)

$? 300,000

common stock ($4 stated value, 300,000 shares authorized)

1,000,000

paid-in capital in excess of par value—preferred stock

15,000

paid-in capital in excess of stated value—common stock

480,000

retained earnings

688,000

treasury stock (5,000 common shares)

40,000

during 2017, the corporation had the following transactions and events pertaining to its stockholders' equity.

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The stockholders' equity accounts of cyrus corporation on january 1, 2017, were as follows.

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