The Rendezvous Company issues common and preferred shares in a lump$-$sum sale. Total

cash received is $$900.$

In recording the sale, what is the amount of Additional Paid$-$in$-$Capital on Common Stock?

Select one:

a$.$ $$420$

b$.$ $$500$

c$.$ $$260$

d$.$ $$360$

e$.$ $$300$