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  3. fox co. issues 1,000 preferred shares, $80 par, at

Fox Co. issues 1,000 preferred shares, $80 par, at $81 market price, and declares...

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Accounting

Fox Co. issues 1,000 preferred shares, $80 par, at $81 market price, and declares a 2 for 1 common stock split on 10,000 common shares outstanding with $5 par value, $50 market price. In the entry for these events, what is the total amount credited to any additional-paid-in-capital accounts?
$51,000
$81,000
$50,000
$1,000

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