4. ABC Corporation began operations on January 3, 20xx. There are 100,000 shares of $par value common stock authorized to issue. During 20xx, ABC had the following transactions relating to shareholders' equity: Issued 10,000 shares of common stock at $7 per share. Issued 20,000 shares of common stock at $8 per share. Reported a net income of $100,000. Paid dividends of $50,000. What is total of the additional paid-in capital account at the end of 20xx