A firm's balance sheets as of the December 31, 2018 and 2019 show the following items: 2018: Cash = $9,916,500; Account Receivable = $9,000,000; Inventory = $4,500,000; Gross Fixed Assets = $10,972,000; Accumulated Depreciation = $1,243,000; Retained Earnings = $2,307,500; Capital Surplus = $8,600,000; Common Stock ($0.50 par) = $4,250,000; Notes Payable = $8,921,000; Long term debt = $2,500,000; Accounts Payable = $6,657,000. 2019: Cash = $11,098,000; Account Receivable = $7,600,000; Inventory = $5,200,000; Gross Fixed Assets = $13,774,000; Accumulated Depreciation = $1,675,000; Retained Earnings = $2,826,900; Capital Surplus = $12,784,500; Common Stock ($0.50 par) = $4,980,800; Notes Payable = $7,773,000; Long term debt = $1,500,000; Accounts Payable = $6,132,000. Calculate the total proceeds from sale of new shares of common stock in 2019.

$2,747,900

$909,400

$4,915,300

$4,184,500

$730,800