The following information is available for Mint Corporation:

Common Stock ($10 par) $1,500,000

Paid-in Capital in Excess of Par - Preferred$200,000

Paid-in Capital in Excess of Stated Value - Common$750,000

Preferred Stock$450,000

Retained Earnings$800,000

Treasury Stock - Common$50,000

Based on the preceding information, calculate each of the following:

(a) Total paid-in capital

(b) Total stockholders' equity

Which of the following is correct?

(Points : 10)

a. Total paid-in capital = $2,450,000 b. Total Stockholders equity = $3,600,000 a. Total paid-in capital = $2,700,000 b. Total Stockholders equity = $3,600,000 a. Total paid-in capital = $2,900,000 b. Total Stockholders equity = $3,650,000