Abbie's Organics Corporation Began Business in 2017 by Issuing 50000

Abbie's Organics Corporation began business in 2017 by issuing 50000 shares of $3 par common stock for $8 per share and 20000 shares of 6% $10 par preferred stock for par. At year end the common stock had a market value of $12. On its December 31 2017 balance sheet Carson Packaging would report

A) Common Stock of $600000.
B) Common Stock of $150000.
C) Common Stock of $400000.
D) Paid-In Capital of $150000.