Flowers Company has 60,000 shares of $12 par common stock authorized. The following transactions took place during 2022, the first year of the company's existence:

• Sold 6,000 shares of common stock for $20 per share.
• Issued 9,000 shares of common stock in exchange for a patent valued at $ 130,000.

Required: At the end of Flower's first year, what amount represents contributed capital?