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(5 points) At the end of 2021, YRP Co. had 5,000,000 shares of common stock...

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Accounting

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(5 points) At the end of 2021, YRP Co. had 5,000,000 shares of common stock authorized, of which 200,000 were issued and outstanding. The par value for the common stock was $3 and it was issued for $8 per share. What should the balance in YRP Co's common stock account? (LE 13 & 21) $15,000,000 $25,000,000 O $600,000 O $1,000,000

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