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3. On April 1, year 1, Gus had the following stock issued and outstanding: Common stock, no par, $1 stated value, 20,000 shares originally issued
3. On April 1, year 1, Gus had the following stock issued and outstanding: Common stock, no par, $1 stated value, 20,000 shares originally issued for $30 per share. Preferred stock, $10 par value, 6,000 shares originally issued for $50 per share. The year 1 statement of stockholders' equity should report what amounts for Common stock Preferred stock APIC (in total)
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