Fox Co. received a total of $940,000 for selling 20,000 common shares ($2 par and $30 market price) and 3,000 preferred shares ($100 par and $120 market price). In Foxs entry on issuing this stock at this bargain lump-sum price, how much is recorded to the account, "Additional-Paid-In Capital Common Stock"?

Group of answer choices

$547,500

$587,500

$352,500

$52,500