Brady Corporation has 50,000 shares of $10 par common stock authorized. The following transactions took place during 2014, the first year of the corporation's existence: Sold 10,000 shares of common stock for $13.50 per share. Issued 10,000 shares of common stock in exchange for a patent valued at $150,000. At the end of the Berry's first year, total common stock and paid-in-capital amounted to