Laira Corporation was organized on January 1, 2016, with an authorization of 2,000,000 shares of $10 par value common stock. During 2016, Laira had the following common stock transactions Issued 100,000 shares @S12 per share. Jan. 4: Apr. 8 Issued 200.000 shares @$14 per share. Issued 60,000 shares @$20 per share. Purchased 40,000 shares (treasury) @$20 pe share. Sold 40,000 shares held in treasury@$24 per share. June 9 July 29 Dec. 31: Laira had no other transactions affecting paid-in capital. At December 31, 2016, what is the total amount of paid-in capital? Select one: A $5,360,000 B. $3,600,000 C. $1,840,000 D. $1,600,000