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Vega Corporation's December 31, 2015 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 15,000 shares authorized; 10,000 shares issued 200,000 Common

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Vega Corporation's December 31, 2015 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 outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earning:s Treasury stock (15,000 shares) Vega's total paid-in capital was 9,750,000 30,000 11,500,000 3,750,000 315,000 $21,795,000. $21,165,000 $11,530,000. $21,480,000

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