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Blossom Company's December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 40000 shares authorized; 20000 shares issued $ 400000

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Blossom Company's December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 40000 shares authorized; 20000 shares issued $ 400000 Common stock, $10 par value, 3,000,000 shares authorized; 19500000 1,950,000 shares issued, 1,920,000 shares outstanding Paid-in capital in excess of par value - preferred stock 72000 Paid-in capital in excess of par value - common stock 28600000 Retained earnings 9650000 Treasury stock (33000 shares) 660000 Blossom's total stockholders' equity was O $699610. O $47972000. O $57562000. O $58882000

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