The following information is from the December 31, 2017 balance sheet of Tudor Corporation. Preferred Stock, $100
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The following information is from the December 31, 2017 balance sheet of Tudor Corporation.
Preferred Stock, $100 par $370,000
Paid-In Capital in Excess of Par - Preferred 31,000
Common Stock, $1 par 122,000
Paid-In Capital in Excess of Par - Common 386,000
Retained Earnings 82,900
Total Stockholders' Equity $991,900
What was the total paid-in capital as of December 31, 2017?
A.$909,000
B.$878,000
C.$991,900
D.$ 756,000
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