Tree ComfortSpecialists, Inc. reported the followingstockholders' equity on its balance sheet at June30, 2018: Stockholders' Equity Paid-In Capital: Preferred Stock7%, ? Par Value; 600,000 shares

Tree Comfort​ Specialists, Inc. reported the following​ stockholders' equity on its balance sheet at June​ 30, 2018​:

Stockholders' Equity

Paid-In Capital:

 Preferred Stock—7%, ? Par Value; 600,000 shares authorized, 300,000 shares issued and outstanding

$1,500,000

Common Stock—$1 Par Value; 8,000,000 shares authorized, 1,330,000 shares issued and outstanding

1,330,000

Paid-In Capital in Excess of Par—Common

2,400,000

Total Paid-In Capital

5,230,000

Retained Earnings

12,100,000

Total Stockholders' Equity

$17,330,000