Tomlinson Packaging Corporation began business in 201X by issuing 20,000 shares of $5 par common stock for $8 per share and 5,000 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $10. On its December 31, 201X balance sheet, Tomlinson Packaging would report

Question 8 options:

	Common Stock of $100,000
	Paid-In Capital of $150,000
	Common Stock of $200,000
	Common Stock of $160,000