Renner Corporation's December 31, 2010 balance sheet showed the following:
8% preferred stock, $20 par value, cumulative, 20,000 shares 
Renner's total stockholders' equity was
A) $55,140,000.
B) $46,860,000.
C) $54,510,000.
D) $53,880,000.
Correct Answer:
Verified
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