Use the following information for questions 71 and 72.
Presented below is information related to Hale Corporation:
-The total paid-in capital (cash collected) related to the common stock is

Question

Use the following information for questions 71 and 72.
Presented below is information related to Hale Corporation: 
-The total paid-in capital (cash collected) related to the common stock is

Quizplus · Accepted Answer

The total paid-in capital related to common stock can be calculated by adding up the par value of the common stock ($500,000) and the additional paid-in capital ($4,550,000), which equals $5,050,000.

Use the Following Information for Questions 71 and 72