Novak Corporation began business in 2020 by issuing 53000 shares of $5 par common stock for $6 per share and 5300 shares of 9% $10 par preferred stock for par. At year end, the common stock had a market value of $10. On its December 31, 2020 balance sheet. Novak would report O Common Stock of $530000 O Paid-in Capital of $524700 O Common Stock of $265000 O Common Stock of $318000