Answer:
$840,000
Explanation:
The computation of the paid in capital - in excess of par is shown below:
= Legal expenses - common stock
where,
Legal expense would be
= Number of hours × usual rate per hour
= 5,000 hours × $190
= $950,000
And, the common stock would 110,000 shares × $1 = $110,000
Now put these values to the above formula
So, the value would be equal to
= $950,000 - $110,000
= $840,000
