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Ayayai Corp.'s December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, $ 460000 40000 shares authorized: 23000 shares issued

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Ayayai Corp.'s December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, $ 460000 40000 shares authorized: 23000 shares issued Common stock, $10 par value, 4,000,000 shares authorized; 19600000 65000 2,600,000 shares issued, 2,560,000 shares outstanding Paid-in capital in excess of par value - preferred stock Paid-in capital in excess of par value-common stock Retained earnings Treasury stock (40,000 shares) 28800000 9750000 630000 Ayayai's total paid-in capital was $49765000 $48925000 $21425000 $48085000. MacBook Air

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