Pina Company issues $24300$ shares of its $$0\mathrm{.}50$ par value common stock having a market value of $$30$ per share and $10700$ shares of its $$30$ par value preferred stock having a market value of $$60$ per share for a lump sum of $$768000.$ The proceeds allocated to the common stock is

$$126000.$

$$729000.$

$$408368.$

$$172290.$