19X6 19X5
Preferred stock, $100 par value, 10% $580,000 $500,000
Common stock, $10 par value 2,350,000 1,750,000

Paid-in capital in excess of par value
Preferred 24,000 —
Common 4,620,000 3,600,000
Retained earnings 8,470,000 6,920,000
Total stockholders' equity $16,044,000 $12,770,000

a. Compute the number of preferred shares that were issued during 19X6.
5,800
b. Calculate the average issue price of the common stock sold in 19X6.
235,000
c. By what amount did the company's paid-in capital increase during 19X6? Preferred increased in the amount of $24,000, while common increased in the amount of $1,020,000 in 19X6.
d. Did Star's total legal capital increase or decrease during 19X6? By what amount?
I am almost sure I have a and c correct. I am confused on answer b, and have no idea for answer d.
Any help is appreciated.

I think a course in basic mathematics is called for