Starr Corporations December 31, 2007 Balance Sheet showed the following:

Starr Corporation's December 31, 2007 Balance Sheet showed the following: 6% preferred stock, $10 par value, cumulative, 20,000 shares authorized; 10,000 shares issued $ 100,000 Common stock, $10 par value, 2,000,000 shares authorized; 1,300,000 shares issued, 1,280,000 shares outstanding 13,000,000 Paid-in capital in excess of par value - preferred stock 40,000 Paid-in capital in excess of par value - common stock 10,000,000 Retained earnings 5,100,000 Treasury stock (20,000 shares) 420,000 Starr's total paid-in capital was O A $31,240,000. O B. $23,140,000. OC. $30,820,000. D. $18,040,000