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A company issues 1 0 , 0 0 0 shares of $ 1 0 par value common stock for $ 2 2 in cash per

A company issues 10,000 shares of $10 par value common stock for $22 in cash per share. Later, the company buys back 1,000 shares of this stock for the same $22 per share and records it using the par value method. Subsequently, the company sells 100 shares of this treasury stock for $23 per share. What should the company report as additional paid-in capital in the stockholders' equity section of its balance sheet ?
$120,000
$121,300
$108,100
$109,300

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