Andys Candy sold 14,000 shares of $10 par value preferred stock for $18 and 80,000 shares of no-par common stock with a stated value of $5 for $7 per share. In addition, Andys sold 1,500 shares of treasury stock it had purchased for $11 per share for $15 per share. How much total additional paid-in capital should Andys record in the stockholders equity section of its balance sheet?

$272,000

$279,500

$273,500

$278,000