Presented below is information related to Sheridan Company: Common Stock, $1 par $3470000 Paid-in Capital in Excess of Par-Common Stock 553000 Preferred 8 1/2% Stock, $50 par 2060000 Paid-in Capital in Excess of Par-Preferred Stock 410000 Retained Earnings 1400000 Treasury Common Stock (at cost) 160000 The total paid-in capital (cash collected) related to the common stock is
a. $3470000.
b. $4023000.
c. $3880000.
d. $5410000.
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