Dailey Packaging Corporation began business in 2013 by issuing 41,000 shares of $3 par common stock for $8 per share and 10,800 shares of 6%, $8 par preferred stock for par. At year end, the common stock had a market value of $10. On its December 31, 2013 balance sheet, Dailey Packaging would report

Select one:

A. Common Stock of $246,000.

B. Common Stock of $123,000.

C. Common Stock of $328,000.

D. Paid-In Capital of $209,400.