Whispering Winds Corp.s December 31, 2020 balance sheet showed the following:

6% preferred stock, $20 par value, cumulative,
35000 shares authorized; 20000 shares issued	$ 400000
Common stock, $10 par value, 4,000,000 shares authorized;
2,600,000 shares issued, 2,560,000 shares outstanding	19900000
Paid-in capital in excess of par value - preferred stock	62000
Paid-in capital in excess of par value - common stock	28700000
Retained earnings	9750000
Treasury stock (40,000 shares)	551000

Whispering's total paid-in capital was

$48222000.

$49902000.

$21562000.

$49062000.