Answer:
The correct answer is $247,000.
Step-by-step explanation:
According to the scenario, the computation of the given data are as follows:
Common stock in patent exchange = $57,000
Preferred stock value = 6,000 shares × $10 = $60,000
Common stock issued at $20 = 6,500 Shares × $20 = 130,000
So, we can calculate the total paid in capital by using following formula:
Total paid in capital = Common stock in patent exchange + Preferred stock value + Common stock issued
= $57,000 + $60,000 + $130,000
= $247,000