Coronado Industries started business in 2012 by issuing 184000 shares of $21 par common stock for $28 each. In 2017, 25200 of these shares were purchased for $40 per share by Coronado Industries and held as treasury stock. On June 15, 2018, these 25200 shares were exchanged for a piece of property that had an assessed value of $761000. Coronados stock is actively traded and had a market price of $46 on June 15, 2018. The cost method is used to account for treasury stock. The amount of paid-in capital from treasury stock transactions resulting from the above events would be: