Cheyenne Corp.s December 31, 2020 balance sheet showed the following:

6% preferred stock, $20 par value, cumulative,
35000 shares authorized; 16000 shares issued	$ 320000
Common stock, $10 par value, 3,000,000 shares authorized;
1,950,000 shares issued, 1,920,000 shares outstanding	19500000
Paid-in capital in excess of par value - preferred stock	60000
Paid-in capital in excess of par value - common stock	28900000
Retained earnings	9650000
Treasury stock (35000 shares)	770000

Cheyenne's total stockholders' equity was

$48290000.

$1017610.

$59200000.

$57660000.