Renner Corporation's December 31, 2010 balance sheet showed the following:
8% preferred stock, $20 par value, cumulative, 20,000 shares 
Renner's total paid-in capital was
A) $46,860,000.
B) $47,490,000.
C) $46,230,000.
D) $27,060,000.
Correct Answer:
Verified
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