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Adams Corporation began business by issuing 300,000 shares of $5 par value common stock for...

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Adams Corporation began business by issuing 300,000 shares of $5 par value common stock for $24 per share. During its first year, the corporation sustained a net loss of $30,000. The year-end balance sheet would show Select one: O A. Total paid-in capital of $7,170,000 o B. Common stock of $1,500,000. o C. Total paid-in capital of $5,700,000 O D. Common stock of $7,200,000

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