RH Corporation Stockholders' Equity Section Includes the Following Information Total Paid-In Capital Is:
A)$48,000

RH Corporation Stockholders' Equity section includes the following information:
$$\begin{array} { | l | r | } \hline\text { Preferred Stock } & \$ 11,000 \\\hline \text { Paid-in Capital in Excess of Par Value-Preferred } & 20,000 \\\hline \text { Common Stock } & 20,000 \\\hline \text { Paid-in Capital in Excess of Par Value-Common } & 4,000 \\\hline \text { Retained Earnings } & 7,000 \\\hline\end{array}$$
Total paid-in capital is:

A) $48,000.
B) $55,000.
C) $27,000.
D) $21,000.