Palm Textile Corporation Had the Following Balance Sheet Accounts and Balances

Palm Textile Corporation had the following balance sheet accounts and balances: $\begin{array}{lrlr}\text { Accounts Payable } & \$ 12,000 & \text { Common Stock } & ? \\\text { Accounts Receivable } & 2,000 & \text { Equipment } & \$ 14,000 \\\text { Building } & ? & \text { Land } & 14,000 \\\text { Cash } & 6,000 & \text { Retained Earnings } & 4,000\end{array}$ If the balance of the Building account were $28,000 and $6,000 of Accounts Payable were paid in cash,what would be the balance of the Common Stock account?

A) $48,000
B) $42,000
C) $64,000
D) $68,000