Bridgeport Company issues $24280$ shares of its $$0\mathrm{.}50$ par value common stock having a market value of $$25$ per share and $9900$ shares of its $$25$ par value preferred stock having a market value of $$50$ per share for a lump sum of $$758000.$ The proceeds allocated to the common stock is

$$607000.$

$$263000.$

$$420070.$

$$417519.$