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Debra - Cook Corporation issued 2 9 0 , 0 0 0 shares of $ 2 0 par value, 6 % preferred stock on January

Debra-Cook Corporation issued 290,000 shares of $20 par value, 6% preferred stock on January 1,2018, for $6,525,000. In
December 2020, Debra-Cook declared its first dividend of $860,000.
(a).
(b)
(b1)
How much is the company's total paid-in capital after the issuance?
Total Paid-in Capital $
(b2)
If the preferred stock had been no-par stock, how much would the company's total paid-in capital be after the issuance?
Total Paid-in Capital $
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