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11. (2 points) As of 01-01-19, Sara Corporation is authorized to issue an additional 50,000 shares of its $1 par value common stock. As of

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11. (2 points) As of 01-01-19, Sara Corporation is authorized to issue an additional 50,000 shares of its $1 par value common stock. As of 01-01-19, Sara's additional paid-in-capital account was $300,000. During 2019, Sara issued 10,000 shares of common stock at $26 per share, less $2,300 of stock issuance costs. After accounting for the issuance, what will be the balance in Sara's additional paid-in-capital account

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