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Crane Company's stockholders' equity at January 1, 2021 is as follows: Common stock, $10 par value; authorized 300,000 shares; Outstanding 220000 shares Paid-in capital in

image text in transcribed Crane Company's stockholders' equity at January 1, 2021 is as follows: Common stock, $10 par value; authorized 300,000 shares; Outstanding 220000 shares Paid-in capital in excess of par Retained earnings $2200000 750000 2180000 Total $5130000 During 2021, Crane had the following stock transactions: Acquired 5500 shares of its stock for $247500. Sold 3000 treasury shares at $50 a share. Sold the remaining treasury shares at $41 per share. No other stock transactions occurred during 2021. Assuming Crane uses the cost method to record treasury stock transactions, the total amount of all additional paid-in capital accounts at December 31, 2021 is

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