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18 The following information is from the balance sheet of ABC Co. as of December 31, 2022. Preferred Stock, $100 par Pald-In Capital in Excess
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The following information is from the balance sheet of ABC Co. as of December 31, 2022. Preferred Stock, $100 par Pald-In Capital in Excess of Par-Preferred Common Stock, $1 par Padd-in Capital in Excess of Par-Common Retained Earrings Total Stockholders' Equity $300,000 21,000 102.000 306,000 78.900 $907900 What was the total paid-in capital as of December 31, 2022? a) $729,000 b) $708,000 Oc) $606,000 d) $807.900 Step by Step Solution
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