Question $3$ of $32$

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Presented below is information related to Sandhill Corporation:

Common Stock, $$1$ par

$$3570000$

Paid$-$in Capital in Excess of Par$-$Common Stock $,549000$

Preferred $81/2\%$ Stock, $$50$ par

$2085000$

Paid$-$in Capital in Excess of Par$-$Preferred Stock $403000$

Retained Earnings

$1540000$

Treasury Common Stock $($at cost$)$

$156000$

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

$$5505000.$

$$4119000.$

$$3570000.$

$$3973000.$