Marigold Corp. has 100,000 shares of $10 par common stock authorized. The following transactions took place during 2017, the first year of the corporations existence: Sold 20700 shares of common stock for $14.50 per share. Issued 20400 shares of common stock in exchange for a patent valued at $306000. At the end of the Marigolds first year, total paid-in capital amounted to: