) August, Inc. had the following transactions in 2024, its first year of operations: Issued 24,000 shares of common stock. The stock has a par value of $4.00 per share and was issued at $16.00 per share. Issued 1,100 shares of $190 par value preferred stock at par. Earned net income of $39,000. Paid no dividends. At the end of 2024, what is the total paid-in capital?