ghh inc has two classes of stock authorized, Financial Accounting

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ghh inc has two classes of stock authorized

GHH, Inc. has two classes of stock authorized: $100,000 par preferred and $1.00 par value common. As the begining of 20C, 200 shares of preffered stock and 300,000 shares of common stock have been issues.
(PLEASE SHOW WORK)!
When the shares were issued on March 1, how much did additional paid in capital increase?
MAR 1 Issue 10,000 additional shares of common stock for $21 per share

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Financial Accounting: ghh inc has two classes of stock authorized

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