6) A company issued 120 shares of $100 par value common stock for $13,000 cash. The total amount of paid-in capital is: A) $1,200. B) $100. C) $12,000. D) $1,000. E) $13,000. 6)

6) A company issued 120 shares of $100 par value common stock for $13,000 cash. The total amount of paid-in capital is: 6) A) $1,200. B) $100. C) $12,000. D) $1,000. E) $13,000