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What concord would report

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Problem 1: Concord Corporation began business in 2020 by issuing 33000 shares of $5 par common stock for $8 per share and 3300 shares of 9%, $10 par preferred stock for par. At year end, the common stock had a market value of $10. On its December 31, 2020 balance sheet, Concord would report

a. Common Stock of $165000.
b. Common Stock of $264000.
c. Paid-in Capital of $326700.
d. Common Stock of $330000.

Reference no: EM132746328

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