Alpha Corp was organized on January 2, 2018. DUring the first year of operation, ALpha issued 100,000 shares of $1 par value common stock at a price of $50 cash per share. On December 31, 2018, Alpha reported Net Income of $250,000 and paid $50,000 cash dividends. Use this information to determine the dollar amounts that ALpha will report its year end balance sheet

1. Common Stock

2. Paid in capital common stock in excess to par

3. Retained earnings