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26. Calculate Total Stockholders Equity for Wicket Corp. based on the following account balances Preferred Stock $100,000 -C
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Answer #1
Preferred Stock 100000
Common Stock 500000
Additional paid in Capital 50000
Retained Earnings 700000
Less: Treasury Stock -70000
Total Stockholders' Equity 1280000
Option B $1,280,000 is correct
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