The total paid-in capital (cash collected) related to the common stock is $3, 050,000. $2, 930,000. $3, 170,000. $2, 810,000. 22. On June 30, 2004, when Vietti Co.'s stock was selling at $65 per share, its capital accounts were as follows: Capital stock (par value $25; 40,000 shares issued) $1,000,000 Premium on capital stock 600,000 Retained earnings 4, 200,000 If a 100% stock dividend were declared and distributed, capital stock would be $1,000,000 $2, 600,000 $2,00,000 $3, 200,000