Net income 3000000
Preferred stock 5000000
Common stock 3000000
Paid in capital share repurchase 50000
Retained earnings 4000000
Less treasury stock (1200000)
Total shareholders equity??

How do I calculate shareholders equity?

Please read the following.

https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

If you'll post your attempt, we will check it and help you understand whatever is needed. Thanks.