Multiple Choice Question 185 Swifty Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 23000 shares issued $ 230000 Common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares outstanding 19700000 Paid-in capital in excess of par value - preferred stock 65000 Paid-in capital in excess of par value - common stock 28400000 Retained earnings 9650000 Treasury stock (40,000 shares) 522000 Swifty's total paid-in capital was O $48395000. $20895000. $49235000. $47555000