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Question 15 of 34 Current Attempt in Progress Tamarisk Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative,

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Question 15 of 34 Current Attempt in Progress Tamarisk Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 23000 shares issued $ 230000 Common stock, $10 par value, 3,000,000 shares authorized; 20000000 1,950,000 shares issued, 1,920,000 shares outstanding Paid-in capital in excess of par value - preferred stock 55000 Paid-in capital in excess of par value - common stock 27900000 Retained earnings 9550000 Treasury stock (30,000 shares) 540000 Tamarisk's total paid-in capital was O $47645000. O $28285000. O $48185000. O $48725000

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