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Shaylert Corporation began business in 2018 by issuing 50,000 shares of $3 par common stock for $8 per share and 20,000 shares of 6%, $10

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Shaylert Corporation began business in 2018 by issuing 50,000 shares of $3 par common stock for $8 per share and 20,000 shares of 6%, $10 par preferred stock for par At December 31, 2018, the common stock had a market value of $12. On its December 31, 2018 balance sheet, Shaylert Corporation would report a. Preferred Stock of $200,000 b. Total Pald-in Capital of $350,000 QUESTIONS A corporation has the following account balances: Common stock, $1 par value, $30,000: Paid-in Capital in Excess of Par, S650,000. Based on this information, the a number of shares istud is 30,000 b. number of shares outstanding is 650.000 Ingni capital is $30,000 d. Both and QUESTION 4

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