Presented below is information related to Hale Corporation:

Common Stock, $1 par	$4,500,000
Paid-in Capital in Excess of ParCommon Stock	550,000
Preferred 8 1/2% Stock, $50 par	2,000,000
Paid-in Capital in Excess of ParPreferred Stock	400,000
Retained Earnings	1,500,000
Treasury Common Stock (at cost)	150,000

Reference: Ref 15-1 The total stockholders' equity of Hale Corporation is