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Ted's Hats issued 20,000 shares of stock for $20 per share. The par value of the stock was $1 per share. Calculate the value of
Ted's Hats issued 20,000 shares of stock for $20 per share. The par value of the stock was $1 per share. Calculate the value of capital stock and additional paid-in capital. O Capital stock $400,000; additional paid-in capital $0. Capital stock $380,000; additional paid-in capital $20,000. Capital stock $20,000; additional paid-in capital $380,000. Capital stock $0; additional paid-in capital $400,000. None of the above
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