Intel's 12/31/2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30,000 shares...

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Intel's 12/31/2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30,000 shares authorized; 20,000 shares issued Common stock, $10 par value, 3,000,000 shares authorized; 1,950,000 shares issued, 1,920,000 shares outstanding $ 400,000 19,500,000 Paid-in capital in excess of par value - preferred stock 60,000 Paid-in capital in excess of par value - 28,000,000 common stock Retained earnings 9,650,000 Treasury stock (30,000 shares) 630,000 Intel's total paid-in capital was O $47,960,000. O $48,590,000. O $47,330,000. O $28,060,000. Intel's 12/31/2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30,000 shares authorized; 20,000 shares issued Common stock, $10 par value, 3,000,000 shares authorized; 1,950,000 shares issued, 1,920,000 shares outstanding $ 400,000 19,500,000 Paid-in capital in excess of par value - preferred stock 60,000 Paid-in capital in excess of par value - 28,000,000 common stock Retained earnings 9,650,000 Treasury stock (30,000 shares) 630,000 Intel's total paid-in capital was O $47,960,000. O $48,590,000. O $47,330,000. O $28,060,000.

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