The following information is from the December 31, 2018 balance sheet of May Corporation. Preferred Stock, $100 par Paid - In Capital in Excess of Par Preferred Common Stock, $1 par Paid - In Capital in Excess of ParCommon Retained Earnings Total Stockholders' Equity $350,000 22.000 202,000 366.000 85.900 $1,025.900 What was the total paid - in capital as of December 31, 2018? A. 9918,000 B. $1,025.900 C. $940.000 D. S7 16.000 Which of the following is included in the entry to record the issuance of 7,000 shares of $6 par value common stock at $14 per share for cash? O A. Paid - In Capital in Excess of ParCommon is debited for $56,000. OB. Common Stock is debited for $42.000. O C. Cash is debited for $98,000. OD. Common Stock is credited for $98.000. Valley, Inc. has 14,000 shares of preferred stock outstanding. The preferred stock has a $200.00 par value, a 5% dividend rate, and is noncumulative. If Valley has sufficient funds to pay dividends, what is the total amount of dividends that will be paid out to preferred stockholders? A. S560.000 O B. $28.000 O C. $140,000 D. $200.000