Question 32 May, Inc. had the following transactions in 2019, its first year of operations Issued 20,000 shares of common stock. The stock has a par value of $3.00 per share and was issued at $19.00 per share Issued 2000 shares of $200 par value preferred stock at par Earned net income of $40,000. Paid no dividends. At the end of 2019, what is the total amount of paid-in capital? O $380,000 O $460,000 O $820,000 O $780.000 3 pts