On December $1,2026.$ Sandhill Corporation exchanged $55500$ shares of its $510$ par value cornmon stock held in treasury for a used machine. The treasury shares were acquiled by Sandhill at a cost of $535$ per share and are accounted for under the cost method. On the date of the exchange, the common stock had a falr value of $$50$ per share $($the shares were originally iswued at $$25$ per share$).$ As a result of this exchange, Sandhills total stockholders' equity will increase by

$$ $$1942500.$

$$555000.$

$$ $$2220000$

$$ $$2775000.$