Answer:
b. in excess of the par value from the original sale of common stock
Explanation:
The additional paid-in is the difference between the par value of a share and the value on which they are issued.
For example:
10,000 par value $5 issued at $8.60
[tex]$issued - par value = additional paid-in[/tex]
8.60 - 5 = 3.60 paid-in per share
10,000 shares * $3.6 = $36,000 total paid-in
