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Bonita Industries was organized on January 1, 2021. with an authorization of 1290000 shares of common stock with a par value of $6 per share.

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Bonita Industries was organized on January 1, 2021. with an authorization of 1290000 shares of common stock with a par value of $6 per share. During 2021, the corporation had the following capital transactions: January 5 issued 645000 shares @ $11 per share July 28 purchased 75000 shares @ $11 per share December sold the 75000 shares held in treasury @ $18 per 31 share Bonita used the cost method to record the purchase and reissuance of the treasury shares. What is the total amount of additional paid-in capital as of December 31, 2021? $-0- $3225000 $2330000 $3750000

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