The trial balance of Houston Inc. includes the following balances: Common Stock, $40,000; Paid-in Capital in Excess of Par, $64,000; Treasury Stock, $6,000; Preferred Stock, $30,000. Capital stock totals
A) $70,000.
B) $104,000.
C) $134,000.
D) $140,000.
Correct Answer:
Verified
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