Question 3 (1 point) Nance Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock. $20 par value, cumulative, 20 000 shares authorized 10.000 shares issued $ 200,000 Common stock, $10 par value, 2.000.000 shares authorized 1.300.000 shares issued, 1 280,000 shares outstanding 13,000,000 Paid-in capital in excess of par value - preferred stock 40,000 Paid-in capital in excess of par value - common stock 18,000,000 Retained eamings 5,100,000 Treasury stock (20.000 shares) 420,000 Nance's total stockholders' equity was 1) $36,760,000. 2) $31,240,000. O 3) $36,340,000. D 4) $35.920,000