Why does the preferred stockholders' equity section of the balance sheet change only when new shares are sold or repurchased,whereas the common stockholders' equity section changes from year to year regardless of whether new shares are bought or sold?

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The Answer of Why does the preferred stockholders' equity section of the balance sheet change only when new shares are sold or repurchased,whereas the common stockholders' equity section changes from year to year regardless of whether new shares are bought or sold?

Why Does the Preferred Stockholders' Equity Section of the Balance