Venco Corporation's December 31, 2010 balance sheet showed the following:
8% preferred stock, $20 par value, cumulative, 10,000 shares 
Venco's total paid-in capital was
A) $23,430,000.
B) $23,745,000.
C) $23,115,000.
D) $13,080,000.
Correct Answer:
Verified
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