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ABC Corporation's December 31, 2017 balance sheet showed the following 8% preferred stock, $20 par value, cumulative, 30,000 shares authorized; 20,000 shares issued $ 400,000

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ABC Corporation's December 31, 2017 balance sheet showed the following 8% preferred stock, $20 par value, cumulative, 30,000 shares authorized; 20,000 shares issued $ 400,000 Common stock, $10 par value, 2,000,000 shares authorized; Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (30,000 shares) What is ABC Corporations' total paid in capital? 1,950,000 shares issued, 1,920,000 shares outstanding 19,500,000 60,000 27,000,000o 7,500,000 630,000

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