The following stockholders’ equity accounts, arranged alphabetically, are in the ledger of Whispering Winds Corp. at December 31, 2022.
Common Stock ($4 stated value) $2,560,000
Paid-in Capital in Excess of Par Value—Preferred Stock 72,000
Paid-in Capital in Excess of Stated Value—Common Stock 1,680,000
Preferred Stock (6%, $100 par, noncumulative) 960,000
Retained Earnings 2,134,400
Treasury Stock (19,200 common shares) 115,200

Prepare the stockholder's equity section of the balance sheet at December 31, 2020.

Total stockholders' equity is $7,291,200  

Explanation:

The stockholders' equity section of the balance sheet is prepared as balance sheet extract below:

Common stock ($4 stated value)                                     $2,560,000

Preferred stock                                                                  $960,000

Total capital stock                                                              $3,520 ,000

paid in capital  common stock                                           $1,680,000

paid in capital preferred stock                                                 $72,000

Total paid in capital                                                            $5,272,000

Retained earnings                                                              $2,134,400

Total paid capital and retained earnings                          $7,406,400

treasury stock                                                                          ($115,200)

total stockholders' equity                                                     $7,291,200  

Every line item is meant to added in arriving at the stockholders' total equity except for treasury stock

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi