Here is selected financial statement data regarding a company's stockholders' equity.

Balance Sheet:	Dec. 31, 2018	Dec. 31, 2017
Preferred stock	$ 4,000,000	$ 4,000,000
Common stock	700,000	350,000
Paid-in capital in excess of par value - preferred stock	900,000	900,000
Retained earnings	620,000	525,000

In the statement of cash flows, the financing activities section should show a cash receipt for "issuance of common stock" for $ ?