Quinn Corporation issued 10,000 shares of USD 20 par value common stock at USD 50 per share. The amount that would be credited to Paid-In Capital in Excess of Par Value—Common is: oUSD 200,000.oUSD 300,000.oUSD 500,000.oUSD 700,000.oNone of the above.You are given the following information: Capital Stock, USD 80,000 (USD 80 par); Paid-In Capital in Excess of Par Value—Common, USD 200,000; and Retained Earnings, USD 400,000. Assuming only one class of stock, the book value per share is: oUSD 680.oUSD 280.oUSD 80.oUSD 400.oNone of the above.Chapter 13 Learning ObjectivesPaid-in capital is presented in the stockholders' equity section of the balance sheet. Each source of paid-in capital is listed separately. •Sources of paid-in capital are:•Common stock.•Preferred stock.•In excess of par value or stated value (common and preferred).•Stock dividends. Treasury stock transactions. Donations.Cash dividend of 3 percent on USD 100,000 of outstanding common stock: declared on July 1 and paid on September 15. July 1 Retained earnings (-SE) 3,000Dividends payable (+L) 3,000 Sept. 15 Dividends payable (-L) 3,000Cash (-A) 3,000 Ten percent stock dividend on 10,000 shares of common stock outstanding; par value, USD 100; market value at declaration, USD 125 per share (declared on January 1 and paid on February 1). Jan. 1 Retained earnings (1,000 shares x $125) (-SE) 125,000 Stock dividends distributable – Common (1,000 shares x $100) (+SE) 100,000Paid-in Capital – Stock dividends 1,000 shares x $25) (+SE) 25,000Feb. 1 Stock dividend distributable – Common (-SE) 100,000Common stock (+SE) 100,000Thirty percent stock dividend on 10,000 shares of common stock outstanding: declared on January 1 and payable on February 1; par value, USD 100.