The Following Information Is Available for Macon Corporation Instructions
Based on the Preceding Information, Calculate Each of the Common

Essay

The following information is available for Macon Corporation: $\begin{array}{lr}\text { Common Stock (\$10 par) } & \$ 1,700,000 \\\text { Paid-in Capital in Excess of Par-Preferred } & 200,000 \\\text { Paid-in Capital in Excess of Stated Value-Common } & 750,000 \\\text { Preferred Stock } & 450,000 \\\text { Retained Earnings } & 800,000 \\\text { Treasury Stock—Common } & 50,000\end{array}$ Instructions
Based on the preceding information, calculate each of the following:
(a) Total paid-in capital.
(b) Total stockholders' equity.