Carson Corporation has the following capital stock outstanding at December 31, 2019:
9% Preferred stock, $100 par value, cumulative
15,000 shares issued and outstanding				$ 1,500,000
Common stock, no par, $10 stated value, 500,000 shares authorized,
350,000 shares issued and outstanding				$ 3,500,000
The preferred stock was issued at	$ 110	per share.
The common stock was issued at	$ 16	per share.
Instructions Prepare the paid-in capital section of the balance sheet at December 31, 2019.