Use the following information for questions 71 and 72. Presented below is information related to Hale Corporation: Common Stock, $1 par $4,500,000 Paid-in Capital in Excess of Par-Common Stock 550,000 Preferred 8 1/2% Stock, $50 par 2,000,000 Paid-in Capital in Excess of Par-Preferred Stock 400,000 Retained Earnings 1,500,000 Treasury Common Stock (at cost) 150,000 71. The total stockholders' equity of Hale Corporation is a. $8,800,000. b. $8,950,000. c. $7,300,000. d. $7,450,000