Answered
Given the following information for Fox Company:
Bonds payable $50,000 Common stock 20,000 Premium on preferred stock 9,000 Long-term investments in equity securities held for sale 10,000 Preferred stock subscribed 22,000 Retained earnings 53,500 Premium on common stock 28,460 Common stock subscribed 3,800 Subscriptions receivable: preferred stock 7,000 Premium on bonds payable 4,000 Preferred stock 40,000 Temporay investments in equity securitie sheld for sale 15,000 Subscriptionsreceivable: common stock 5,600\begin{array}{ll}\text { Bonds payable } & \$ 50,000 \\\text { Common stock } & 20,000 \\\text { Premium on preferred stock } & 9,000 \\\text { Long-term investments in equity securities held for sale } & 10,000 \\ \text { Preferred stock subscribed } & 22,000\\\text { Retained earnings } & 53,500 \\\text { Premium on common stock } & 28,460 \\\text { Common stock subscribed } & 3,800 \\\text { Subscriptions receivable: preferred stock } & 7,000 \\\text { Premium on bonds payable } & 4,000 \\\text { Preferred stock } & 40,000 \\\text { Temporay investments in equity securitie sheld for sale } & 15,000 \\\text { Subscriptionsreceivable: common stock } & 5,600\end{array} Bonds payable Common stock Premium on preferred stock Long-term investments in equity securities held for sale Preferred stock subscribed Retained earnings Premium on common stock Common stock subscribed Subscriptions receivable: preferred stock Premium on bonds payable Preferred stock Temporay investments in equity securitie sheld for sale Subscriptionsreceivable: common stock $50,00020,0009,00010,00022,00053,50028,4603,8007,0004,00040,00015,0005,600 Required:
Compute the total amount of contributed capital for Fox Company.
On Jul 29, 2024