Cerner Corporation Began Business by Issuing 300,000 Shares of $5

Cerner Corporation began business by issuing 300,000 shares of $5 par value common stock for $24 per share.During its first year, the corporation sustained a net loss of $50,000.The year-end balance sheet would show

A) Common Stock of $1,500,000.
B) Common Stock of $7,200,000.
C) total paid-in capital of $7,140,000.
D) total paid-in capital of $5,700,000.