Presented below is information related to Hale Corporation:

Common Stock, $1 par $3,500,000

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

3. The total stockholders' equity of Hale Corporation is

a. $7,800,000.

b. $7,950,000.

c. $6,300,000.

d. $6,450,000.

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

a. $3,500,000.

b. $4,050,000.

c. $5,450,000.

d. $3,900,000.