Answer:
$22,20,000
Explanation:
Given information:
Common Stock = $1800000
Paid-In Capital in Excess of Par = $140000
Retained Earnings = $360000
Treasury Stock = $80000
The formula for total stockholders' equity is
Total stockholders' equity = Total assets - Total liability
Total stockholders' equity = Common Stock + Paid-In Capital in Excess of Par+Retained Earnings-Treasury Stock
Substitute the given values in the above formula
Total stockholders' equity = $1800000 + $140000 +$360000 -$80000
Total stockholders' equity = $22,20,000
Therefore, the value of total stockholders' equity is $22,20,000.
