Answer:
A. Total paid-in capital $2,900,000
B. Total stockholders' equity $3,650,000
Explanation:
A. Calculation to determine the Total paid-in capital
Total paid-in capital = ($1,500,000 + $200,000 + $750,000 + $450,000)
Total paid-in capital = $2,900,000
Therefore Total paid-in capital will be $2,900,000
B. Calculation to determine the Total stockholders' equity
Total stockholders' equity = ($2,900,000 + $800,000 – $50,000
Total stockholders' equity = $3,650,000
Therefore Total stockholders' equity will be $3,650,000
