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Question - Coronado Corporation's December 31, 2021 balance sheet showed the following:
9% preferred stock, $20 par value, cumulative, 15100 shares authorized; 10100 shares issued $202000
Common stock, $10 par value, 1010000 shares authorized; 985000 shares issued, 969900 shares outstanding 9850000
Paid-in capital in excess of par-preferred stock 28000
Paid-in capital in excess of par-common stock 11460000
Retained earnings 3790000
Treasury stock (15100 shares) 317100
Required - What the Coronado's total paid-in capital?
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