Kingbird, Inc.'s December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 18000 shares issued $ 180000 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 69000 Paid-in capital in excess of par value - common stock 28600000 Retained earnings 9650000 Treasury stock (26000 shares) 598000 Kingbird's total stockholders' equity was $47687000. O $57401000 CC0597000