Presented below is information related to Crane Corporation:

Common Stock, $1 par	$3480000
Paid-in Capital in Excess of Par - Common Stock	$552000
Preferred 8 1/2% Stock, $50 par	1965000
Paid-in Capital in Excess of Par - Preferred Stock	397000
Retained Earnings	1410000
Treasury Common Stock (at cost)	160000

The total paid-in capital (cash collected) related to the common stock is

a) 5446000

b) 3480000

c) 3877000

d) 4032000