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At January 1, 2022, ZZ Company reported the following stockholders' equity accounts: Common stock, $9 par ............................ $450,000 Paid-in capital common stock .................. 125,000 Treasury
At January 1, 2022, ZZ Company reported the following stockholders' equity accounts: Common stock, $9 par ............................ $450,000 Paid-in capital common stock .................. 125,000 Treasury stock (14,000 shares at $15 cost) ...... 210,000 Paid-in capital treasury stock ................ 12,000 Retained earnings ............................... 58,000 During January, ZZ Company entered into the following transactions: January 14 Re-issued 3,000 of the treasury shares for $9 per share January 19 Re-issued 5,000 of the treasury shares for $16 per share January 22 Issued 4,000 shares of previously un-issued common stock for $17 per share January 29 Re-issued 2,000 of the treasury shares for $13 per share Calculate the balance in the paid-in capital - common stock account after all of the above transactions have been recorded.
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