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Carson Corporation has the following capital stock outstanding at December 31, 2020: 9% Preferred stock, $100 par value, cumulative 12,000 shares issued and outstanding $

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Carson Corporation has the following capital stock outstanding at December 31, 2020: 9% Preferred stock, $100 par value, cumulative 12,000 shares issued and outstanding $ 1,200,000 Common stock, no par, $10 stated value, 400,000 shares authorized, 300,000 shares issued and outstanding $ 3,000,000 The preferred stock was issued at The common stock was issued at $ $ . 110 per share. 16 per share. Instructions Prepare the paid-in capital section of the balance sheet at December 31, 2020

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