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Hongfa Corporation has 50,000 shares of ¥10 par common stock authorized. The following

transactions took place during 2018, the first year of the corporation's existence: Sold 5,000 shares of common stock for ¥18 per share. Issued 5,000 shares of common stock in exchange for a patent valued at ¥100,000. At the end of the Hongfa' s first year, total paid-in capital amounted to ().

A、¥40,000.

B、¥90,000.

C、¥100,000.

D、¥190,000.

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