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On December 31, 2020, Nakoma Inc. had the following account balances. Preferred stock $100 par, 5,000 shares authorized Paid-in capital in excess of parPreferred stock

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On December 31, 2020, Nakoma Inc. had the following account balances. Preferred stock $100 par, 5,000 shares authorized Paid-in capital in excess of parPreferred stock Common stock, $1 par, 250,000 shares authorized Paid-in capital in excess of par-Common stock Retained earnings Accumulated other comprehensive income Nreasury stock, 1,200 shares Noncontrolling interests $20,000 Cr 80,000 Cr. 45,000 Cr. 480,000 Cr. 360,000 Cr. 48,000 Cr 55,000 Dr. 5,000 Cr. Average original selling price of common shares is O $13.71 per share. O $1.00 per share. O $11.67 per share. O $14.71 per share

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