Common Stock, $10 par value, $740,000; Paid-in Capitalin Excess of Par, $1,850,000. Based on this information, the_____?


a. legal capital is $2,590,000
b. shares issued are 1,850,000
c. shares outstanding are 740,000
d. legal capital is $740,000

Sorry, no homework answers here... try working through it though, post what you get. Someone will here will be glad to give some guidance.