Marigold Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, $ 420000 40000 shares authorized: 21000 shares issued Common stock, $10 par value, 3,000,000 shares authorized; 20000000 1,950,000 shares issued, 1,920,000 shares outstanding Paid-in capital in excess of par value - preferred stock 69000 Paid-in capital in excess of par value - common stock 27500000 Retained earnings 9050000 Treasury stock (30,000 shares) 704000 Marigold's total paid-in capital was O $28089000. O $47989000. O $47285000 O $48693000