Shown below is information relating to the stockholders' equity of Grant Corporation at December 31 , Year 1 . 6.5\% cumulative preferred stock, $100 par value; authorized, 18, 000 shares; issued and outstanding, 9,000 shares Common stock, $4 par value; authorized, 340,000 shares; issued and outstanding, 204,000 shares Additional paid-in capital: preferred stock Additional paid-in capital: common stock Retained earnings $900,000 $816,000 $45,000 $1,500,000 $920,000 Dividends have been declared and paid for Year 1. Grant's total legal capital at December 31, Year 1, 1s