Oriole Company was organized on January 1, 2021, with an authorization of 1230000 shares of common stock with a par value of $5 per share. During 2021, the corporation had the following capital transactions:

January 5	issued 615000 shares @ $11 per share
July 28	purchased 83000 shares @ $9 per share
December 31	sold the 83000 shares held in treasury @ $17 per share

Oriole used the cost method to record the purchase and reissuance of the treasury shares. What is the total amount of additional paid-in capital as of December 31, 2021?

$3690000.

$-0-.

$2700000.

$4354000.