- 35 - Year Common Preferred Class A Class B Class C 1975 [blank] [blank] [blank] [not authorized] 1976 [blank] [blank] [blank] [not authorized] 1977 1,000 1,000 500 [not authorized] 1978 1,000 1,000 none none 1979 none 1,000 1,000 none 1980 1,000 1,000 none none 1981 [blank] [blank] [blank] [blank] 1982 none none none none 1983 1,000 1,000 [blank] [blank] 1984 [blank] [blank] [blank] [blank] 1985 [blank] [blank] [blank] [blank] 1986 1,000 -0- -0- -0- 1987 [blank] [blank] [blank] [blank] 1988 [blank] [blank] [blank] [blank] IRA's end-of-year balance sheets from 1975 to 1989 indicate the following stockholder equity attributable to the preferred and common stock: Year Preferred Common 1975 $1,050 $100 1976 1,050 100 1977 1,000 100 1978 1,000 100 1979 1,000 100 1980 1,000 100 1981 1,000 100 1982 1,000 100 1983 -0- 100 1984 -0- 100 1985 -0- 100 1986 -0- 100 1987 -0- 100 1988 -0- 100 1989 -0- 100 2. IRA Stockholders IRA's 1976 return reported that no individual, partnership, corporation, estate, or trust at the end of the year owned (or was attributed ownership under section 267(c)) 50 percent or morePage: Previous 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Next
Last modified: May 25, 2011