The income statement can be presented in a "one-step" or "two-step" format. Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity.This form is for general instructions that apply to all corporation tax forms. It includes a variety of topics about how to fill out your form. Stockholders' equity is the remaining amount of assets available to shareholders after paying liabilities. Learn how to calculate stockholders' equity. NYC-4S-EZ must use Form NYC-3L but need not calculate the alternative tax on capital and the alternative tax on entire net income plus compensation. Equity method investments can be aggregated for purposes of presenting the investor's share of earnings or losses in the income statement. This brochure is designed to help you gain a basic understanding of how to read financial statements.