Century Corporation issued 800,000 shares of $10 par value

Century Corporation issued 800,000 shares of $10 par value common stock at the time of its incorporation. The stock was issued for cash at a price of $13 per share. During the first year of operations, the company sustained a net loss of $170,000. The year-end balance sheet would show the balance of the Common Stock account to be:

a. $4,500,000.

b. $4,380,000.

c. $15,180,000.

d. $15,300,000.