Polk corporation was organized on January 2, 2016, with authorized capital of 100,000 shares of $10 par value common stock. During 2016, Polk had the following transactions: Jan 12, Issued 20,000 shares at $12 per share April 23, Issued 1,000 shares for legal services when the market price was $14 per share. What should be the amount of additional paid in capital at December 31, 2016?