Question 15 (1 point) Use the following information to answer the question(s) below. The following accounts appear in the ledger of Sayre Corporation on December 31, 20xx Preferred Stock $30,000 Common Stock 60,000 Paid-in Capital in Excess of Par Value, Preferred 7,000 Paid-in Capital in Excess of Par Value, Common 18,000 Retained Earnings 40,000 A balance sheet prepared on December 31, 20xx, would report total contributed capital of 1) $90,000 O2) $97,000 3) $115,000 4) $155,000 Question 16 (1 point) Use the following information to answer the question(s) below. The following accounts appear in the ledger of Sayre Corporation on December 31, 20xx Preferred Stock $30,000 Common Stock 60,000 Paid-in Capital in Excess of Par Value, Preferred 7,000 Paid-in Capital in Excess of Par Value, Common 18,000 Retained Earnings 40,000 A balance sheet prepared on December 31, 20xx, would report total stockholder's equity of 1) $90,000 2) $97,000 3) $115,000 4) $155,000