Blue Spruce Corp.'s December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 40000 shares authorized; 18000 shares issued Common stock, $10 par value, 4,000,000 shares authorized: 2,600,000 shares issued, 2,560,000 shares outstanding Paid-in capital in excess of par value - preferred stock Paid-in capital in excess of par value - common stock Retained earnings Treasury stock (40,000 shares) Blue's total paid-in capital was O $47602000. O $48442000. O $49282000. W $180000 19700000 62000 28500000 9650000 600000

Blue Spruce Corp.'s December 31,2020 balance sheet showed the following: Blue's total paid-in capital was $47602000. $48442000. $49282000