board o b legal caital is $650,000 ? number of shares issu: Remaining Time: 2 hours, 23 minutes, 52 seconds. o d legal capital is $680.00 y Question Completion Status: QUESTION 2 Stanley Mart industries issued 50,000 shares of $2.50 par common stock for $10 per share and 3,000 shares of 8%, $25 par preferred stock for S48. At 2018 year end, the preferred stock had a market value of $30. On its December 31, 2018 balance sheet, Stanley Mart Industries would report a Preferred Stock of $144,000 Ob. Common Stock of $500,000 c, Common Stock of S375000. od Paid -in Capital of $444,000 QUESTION 3 Santos Service Corporation reported the following on December 31, 2017 Preferred stock par $10 (authorized 100,000 shares) $400.000 Treasury Stock (common, at cost $15 per common share) s 27,000 Based on the data, how many shares of preferred stock are outstanding? o a 40,000 b 38,200 0 49,880 o d. 50,000 QUESTION 4