Archer Group's Stockholders' Equity section includes the following information:





What was the total selling price of the preferred stock?

A) $13,000

B) $15,100

C) $21,000

D) $20,100


C) $21,000
Explanation: preferred stock + p-i-c preferred; ex: $13,000 + $8,000 = $21,000

Business

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