Pharoah Company's December 31, 2020 balance sheet showed the following 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 17000 shares issued $170000 Common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares outstanding 19800000 Paid-in capital in excess of par value - preferred stock 66000 Paid-in capital in excess of par value- common stock 28100000 Retained earnings 9650000 Treasury stock (40,000 shares) 594000 Pharoah's total paid-in capital was O $48136000. O $48976000. O $47296000. $20636000.