Monty Corporation had the following stockholders' equity accounts on January 1, 2022: Common Stock ($5 par) $500,000, Paid-in Capital in Excess of Par-Common Stock $210,000, and Retained Earnings $110,000. In 2022, the company had the following treasury stock transactions. Mar. 1 Purchased 6,000 shares at $8 per share. June 1 Sold 1,500 shares at $13 per share.. Sept. 1 Sold 2,000 shares at $10 per share. Dec. 1 Sold 1,500 shares at $6 per share. Monty Corporation uses the cost method of accounting for treasury stock. In 2022, the company reported net income of $34,000.