QUESTION 18 (5 points) At the end of 2021, ZTS Co. had 200,000 shares of common stock issued and outstanding. The par value for the common stock was $3 and it was issued for $40 per share. ZTS Co. also had 40,000 shares of preferred stock issued and outstanding. The par value for the preferred stock was $15 and it was issued for $19. Based on this information, how much additional paid in capital should ZTS Co. report on its balance sheet? (LE 13 & 21) $8,760,000 $7,560,000 $1,200,000 $240,000