i will leave review. answer please.

SHOVED Shown below is information relating to the stockholders' equity of Grant Corporation at December 31, Year 1: 8.5% cumulative preferred stock, $100 par value; authorized, 50,000 shares; issued and outstanding, 25,000 shares Common stock, $5 par value; authorized, 660,000 shares; issued and outstanding, 396,000 shares Additional paid-in capital: preferred stock Additional paid-in capital: common stock Retained earnings Dividends have been declared and paid for Year 1 The total amount of Grant's paid-in capital at December 31, Year 1, is: Multiple Choice O $7,630,000 $3,150,000. $3,760,000. $1,080,000. $ 2,500,000 $ 1,980,000 $ 50,000 $ 3,100,000 $ 1,080,000