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Vega Corporation's December 31, 2013 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 15,000 shares authorized; 10,000 shares issued $ 200,000

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Vega Corporation's December 31, 2013 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 15,000 shares authorized; 10,000 shares issued $ 200,000 Common stock, $10 par value, 1,000,000 shares authorized; 975,000 shares issued, 960,000 shares 9,750,000 outstanding Paid-in capital in excess of par-preferred stock 30,000 Paid-in capital in excess of par-common stock 13,500,000 Retained earnings 3,750,000 Treasury stock (15,000 shares) 315,000 Vega's total paid-in capital was Select one: $23,480,000 $13,530,000 $23,165,000 $23,795,000

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