An analysis of stockholders' equity of Ren Corporation as of January 1, 2020, is as follows: Common stock, par value $5; authorized 200,000 shares; issued and outstanding 180,000 shares Paid-in capital in excess of par - common stock Retained earnings Total $900,000 1,200,000 850,000 $2,950,000 Ren uses the cost method of accounting for treasury stock and during 2020 entered into the following transactions: Acquired 1,500 shares of its stock for $15,000. Sold 600 treasury shares at $12 per share. Sold the remaining treasury shares at $9 per share. Assuming no other equity transactions occurred during 2020, what should Ren report at December 31, 2020, as total additional paid-in capital (i.e., for both common stock and treasury stock)? O $795,000 $1,200,300 O $1,200,000 0 $1,199,700