Fechter Corporation had the following stockholders equity accounts on January 1, 2017: Common Stock ($4 par) $437,440, Paid-in Capital in Excess of ParCommon Stock $221,440, and Retained Earnings $109,010. In 2017, the company had the following treasury stock transactions.

Mar.	1		Purchased 6,100 shares at $9 per share.
June	1		Sold 1,460 shares at $12 per share.
Sept.	1		Sold 1,100 shares at $11 per share.
Dec.	1		Sold 1,230 shares at $6 per share.

Fechter Corporation uses the cost method of accounting for treasury stock. In 2017, the company reported net income of $34,270