Crane Corporation began business by issuing 390000 shares of $S par value common stock for $ 22 per share. During its first year, the corporation sustained a net loss of $ 39000. The year-end balance sheet would show O Total paid in capital of 5 8541000 Common stock of $ 1950000 Common stock of $8580000 O Total paid-in capital of $ 1989000. Crane Corporation began business by issuing 679000 shares of $5 par value common stock for $ 30 per share. During its first year, the corporation sustained a net loss of $ 60000. The year-end balance sheet would show O Common stock of $ 3395000. Total paid in capital of $ 20310000 Common stock of $ 20370000. Total paid in capital of $ 16975000