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An analysis of stockholders' equity of Sunland Company as of January 1, 2021, is as follows: $1680000 Common stock par value $20; authorized 100,000 shares
An analysis of stockholders' equity of Sunland Company as of January 1, 2021, is as follows: $1680000 Common stock par value $20; authorized 100,000 shares Issued and outstanding 84000 shares Pald-in capital in excess of par Retained earnings Total 840000 760000 $3280000 Sunland uses the cost method of accounting for treasury stock and during 2021 entered into the following transactions: Acquired 2510 shares of its stock for $72790, Sold 1920 treacury shares at $35 per share Sold the remaining treasury shares at $17 per share. Assuming no other equity transactions occurred during 2021, what should Sunland report at December 31, 2021, as total additional paid-in capital? Hint: Round intermediate calculations to decimal places.cg. 5,275. $858600 5832920 $844440
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