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Vaughn Corporation's December 31, 2021 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 14300 shares authorized; 9300 shares issued $186000

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Vaughn Corporation's December 31, 2021 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 14300 shares authorized; 9300 shares issued $186000 Common stock, $10 par value, 1030000 shares authorized; 1005000 shares issued, 990100 shares outstanding 10050000 Paid-in capital in excess of par-preferred stock 29000 Paid-in capital in excess of par-common stock 11490000 Retained earnings Treasury stock (14900 shares) 3740000 312900 Vaughn's total paid-in capital was $21442100. $22067900. $21755000. $11805000.

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