On December $1,2026,$ Ivanhoe Corporation exchanged $46500$ shares of its $$10$ par value common stock held in treasury for a used

machine. The treasury shares were acquired by Ivanhoe at a cost of $$40$ per share and are accounted for under the cost method. On

the date of the exchange, the common stock had a fair value of $$55$ per share $($the shares were originally issued at $$30$ per share$).$ As a

result of this exchange, Ivanhoe's total stockholders' equity will increase by