Sunland Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 23000 shares issued $ 230000 Common stock, $10 par value, 3,000,000 shares authorized; 1,950,000 shares issued, 1,920,000 shares 19700000 outstanding Paid-in capital in excess of par value - preferred stock 52000 Paid-in capital in excess of par value - common stock 27900000 Retained earnings 9450000 Treasury stock (30,000 shares) 576000 Sunland's total paid-in capital was