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Vega Corporation's December 31, 2015 balance sheet showed the following: 8% preferred stock, $20 par...

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Accounting

Vega Corporation's December 31, 2015 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 10,000 shares authorized; 8,500 shares issued $ 170,000 Common stock, $10 par value, 1,000,000 shares authorized; 950,000 shares issued, 940,000 shares outstanding 9,500,000 Paid-in capital in excess of par-preferred stock 34,000 Paid-in capital in excess of par-common stock 11,500,000 Retained earnings 3,750,000 Treasury stock (15,000 shares) 315,000 Vega's total stockholders' equity was?

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