Use the following information for questions 46-49: Hale Corporation Common stock, $1 par Paid-in-capital in excess of par- common stock Preferred 81/2% stock, $50 par Paid-in-capital in excess of par-preferred stock Retained Earnings Treasury common stock (at cost) $3,500,000 550,000 2,000,000 400,000 1,500,000 150,000 How many shares are there of common stock authorized? A) not enough information given B) 550,000 46. Le)3,500,000 D) 4,050,000 47. How many shares of preferred stock is issued? A) not enough information given B) 2,400,000 C) 2,000,000 D) 40,000 48. Total paid-in-capital for Hale Corporation is: A) $950,000. B) $6,300,000. C) $6,450,000. D) $7,950,000. 49. Total stockholders' equity for Hale Corporation is: A) $6,300,000. B) $6,450,000. C) $7,800,000. D) $7,950,000. 50. The residual interest in a corporation, after the liabilities are paid off,belo A) management. B) creditors C) employees D) stockholders