12) Green Company issued 20,000 shares of $6 par common stock. Eight months later Green acquired 5,000 shares of its own common stock at $12 per share. Two months later Green sold 1,800 of these shares at $18 per share. If the cost method is used to record treasury stock transactions, to record the sale of the 1,800 treasury shares, Green should credit APIC-Treasury Stock at?

13) Presented below is the stockholders equity section of Blue Corporation at December 31, 2020:

Common stock, par value $15; authorized 75,000 shares; issued and outstanding 55,000 shares $

Paid-in-capital in excess of par value 420,000

Retained earnings 650,000

During 2021, the following transactions occurred related to stockholder equity:

2,000 shares were reacquired at $28 per share.

4,000 shares were reacquired at $35 per share.

3,100 shares of treasury stock were sold at $30 per share.

For the year ended December 31, 2021, Blue reported net income of $450,000. Assuming Blue accounts for treasury stock under the cost method, what should it report as total stockholders equity on its December 31, 2021, balance sheet?