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The Zonga Corporation Stockholders' Equity Section Includes the Following Total Paid-In Capital Is:
A)$83,730

Question 73

Multiple Choice

The Zonga Corporation Stockholders' Equity section includes the following:
 Preferred Stock $22,500 Common Stock 48,000 Paid-in Capital in Excess of Par Value-Preferred 3,450 Paid-in Capital in Excess of Par Value-Common 3,400 Retained Earnings 7,350\begin{array} { | l | r | } \hline\text { Preferred Stock } & \$ 22,500 \\\hline \text { Common Stock } & 48,000 \\\hline \text { Paid-in Capital in Excess of Par Value-Preferred } & 3,450 \\\hline \text { Paid-in Capital in Excess of Par Value-Common } & 3,400 \\\hline \text { Retained Earnings } & 7,350 \\\hline\end{array}
Total paid-in capital is:


A) $83,730.
B) $76,380.
C) $70,000.
D) $77,350.

Correct Answer:

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