Sunland Corporations December 31, 2017 balance sheet showed the following:

8% preferred stock, $20 par value, cumulative, 9400 shares
authorized; 7900 shares issued	$ 158000
Common stock, $10 par value, 1050000 shares authorized;
1000000 shares issued, 990000 shares outstanding	10000000
Paid-in capital in excess of parpreferred stock	35500
Paid-in capital in excess of parcommon stock	11610000
Retained earnings	3740000
Treasury stock (15100 shares)	317100

Sunlands total stockholders equity was

$25277400.

$25856400.

$25226400.

$25256400.