A Company was incorporated as a new business on January 1.The company is authori

A Company was incorporated as a new business on January 1.The company is authorized to issue 20000shares of $5 par value common stock and 10000shares of 6%$10 par valuecumulativeparticpating preferred stock.On January 1the company issued 8000 shares of common stock for $15 per share and 2000 shares of preferred stock for $30 per share.Net income for the year ended December 31 was $375000.(A)What is the amount of total contributed capital at December 31(B) What is the amount of uninsured shares of stock at December 31?(C) What is the total stockholdersequity reported on the balance sheet at December 31?