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An analysis of stockholders' equity of Sheffield Corp. as of January 1, 2021, is as follows: Common stock, par value $20; authorized 100,000 shares; issued

An analysis of stockholders' equity of Sheffield Corp. as of January 1, 2021, is as follows:

Common stock, par value $20; authorized 100,000 shares;

issued and outstanding 81000 shares

$1620000

Paid-in capital in excess of par

810000

Retained earnings

764000

Total

$3194000

Sheffield uses the cost method of accounting for treasury stock and during 2021 entered into the following transactions: Acquired 2510 shares of its stock for $75300. Sold 2020 treasury shares at $34 per share. Sold the remaining treasury shares at $22 per share. Assuming no other equity transactions occurred during 2021, what should Sheffield report at December 31, 2021, as total additional paid-in capital? Hint: Round intermediate calculations to 0 decimal places, e.g. 5,275.

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