On January 2, year 1, Good Co. granted Bad Guy, its president, compensatory stock options to buy 1,000 shares of Good's $10 par common stock. The options call for a price of $20 per share and are exercisable for three years following the grant date. Bad Guy exercised the options on December 31, year 1. The market price of the stock was $50 on January 2, year 1, and $70 on December 31, year 1. The fair value of a similar stock option with the same terms was $28 on the grant date. By what net amount should Paid in Capital Common Stock increase as a result of the grant and exercise of the options?