Trane Corporation has 100,000, 5%, $100 par preferred shares outstanding. The preferred stock was originally issued at 102. The current dividend has been fully paid. Total stockholders' stock equity is $20,000,000. The common stock equity is: a. $20,000,000 b. $10,100,000 c. $10,000,000 d. $9,800,000 e. None of these.