Multiple Choice Question 181 Splish Brothers Inc. December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 40000 shares authorized; 15000 shares issued $ 300000 Common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares outstanding 26000000 Paid-in capital in excess of par value - preferred stock 64000 Paid-in capital in excess of par value - common stock 28000000 Retained earnings 9650000 Treasury stock (40,000 shares) 612000 Splish total paid-in capital was $53524000. 0 $54364000. O $26864000. $55204000. Click if you would like to Show Work for this question: Open Show Work