Roger Corporation, a publicly traded company, is authorized to issue 207,000 $4 noncumulative preferred shares and an unlimited number of common shares. On January 1, 2021, the general ledger contained the following shareholders’ equity accounts: Preferred shares (8,500 shares issued) $467,500
Common shares (68,600 shares issued) 1,097,600
Contributed surplus 22,700
Retained earnings 841,000
Accumulated other comprehensive income 10,400