Sheffield Corporation’s December 31, 2018 balance sheet showed the following:

7% preferred stock, $20 par value, cumulative, 11000 shares authorized; 9500 shares issued $ 190000

Common stock, $10 par value, 9700000 shares authorized; 920000 shares issued, 910000 shares outstanding 9200000

Paid-in capital in excess of par—preferred stock 33000

Paid-in capital in excess of par—common stock 11640000

Retained earnings 3740000

Treasury stock (14600 shares) 3066000

Sheffield’s total paid-in capital was

   A. $22015500.

   B. $11750500.

   C. $21385500.

   D. $21700500.