Carson Packaging Corporation began business in 2012 by issuing 25,000 shares of $3 par common stock for $8 per share and 10,000 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $12. On its December 31, 2012 balance sheet, Carson Packaging would report

QUESTION 9 Carson Packaging Corporation began business in 2012 by Issuing 25,000 shares of $3 par common stock for $8 per share and 10,000 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $12. On its December 31, 2012 balance sheet, Carson Packaging would report A Common Stock of $300,000. B. Common Stock of $75,000. c. Common Stock of $200,000. UD. Paid-In Capital of $75,000