A corporation has the following stock issued and outstanding: Common stock, $1 par value, 10,000 shares originally issued for $20 per share. Preferred stock, $10 par value, 1,000 shares originally issued for $60 per share. What is the total amount of Additional Paid-in Capital from the issuance of both classes of stock? $249,000. $260,000. O $240,000. O $519,000.