On January 1, 2020, M. Jordan Corporation issued 20,000 shares of $1 par value common stock at $50 per share. On January 15, 2020, M. Jordan purchased 50 shares of its own common stock at $55 per share. On March 1, 2020, 20 of the treasury shares were resold at $58. The balance in retained earnings was $25,000 prior to these transactions

Record the entry on March 1, 2020, for sale of treasury shares at $58 per share. What is the impact on stock-holders equity of this transaction?