Long-term debt$67,000,000
Preferred stock 4,200,000
Common stock ($1 par value) 17,000,000
Capital surplus 47,000,000
Accumulated retained earnings 137,000,000
During the past year, the company issued 12 million shares of new stock at a total price of $62 million, and issued $37 million in new long-term debt. The company generated $13 million in net income and paid $4 million in dividends.