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Question - Presented below is information related to Waterway Industries:
Common Stock, $1 par $3590000
Paid-in Capital in Excess of Par-Common Stock 548000
Preferred 8 1/2% Stock, $50 par 1860000
Paid-in Capital in Excess of Par-Preferred Stock 417000
Retained Earnings 1580000
Treasury Common Stock (at cost) 159000
Calculate the total stockholders' equity of Waterway Industries?
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