On January 1, an entity issues 50,000 shares of $10 par value common stock for $18 per share. On October 1, the entity repurchased 15,000 of the above shares at $17 per share. Assuming that the company reissued all of the repurchased shares at $23 per share on December 31, what is the net balance in the additional paid-in capital-common stock account on December 31 if the par value (legal) method is used for the above stock transactions? O $280,000 $400,000 $475,000 $595,000