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

10. The total stockholders' equity of Hale Corporation is