Skysong, Inc's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par...
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Skysong, Inc's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 35000 shares authorized; 25000 shares issued $ 250000 Common stock, $10 par value, 4,000,000 shares authorized; 19800000 2,600,000 shares issued, 2,560,000 shares outstanding Paid-in capital in excess of par value - preferred stock 73000 Paid-in capital in excess of par value - common stock 28900000 Retained earnings 9750000 Treasury stock (40,000 shares) 665000 Skysong's total paid-in capital was Skysong's total paid-in capital was O $48183000. O $49863000. $49023000. O $21523000
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