Nance Corporations December 31, 2017 balance sheet showed the following:6% preferred stock, $20 par value, cumulative,30,000 shares authorized; 20,000 shares issued$ 400,000 Common stock, $10 par value, 3,000,000 shares authorized;1,950,000 shares issued, 1,920,000 shares outstanding19,500,000 Paid-in capital in excess of par value preferred stock60,000 Paid-in capital in excess of par value common stock28,000,000Retained earnings9,650,000Treasury stock (30,000 shares)630,000

Nance's total stockholders' equity was