May, Inc. had the following transactions in 2019, its first year of operations Issued 20,000 shares of common stock The stock has par value of $2.00 per share and was issued at $19 00 per share .Issued 1,700 shares of $120 00 par value preferred stock at par .Eamed net income of $40,000 Paid no dividends At the end of 2019, what is the total amount of paid- in capital? A. $624,000 OB. $584,000 O C. $380,000 O D. $244,000