Pulnam Global Investments and Manufacturing was founded in $2004$ with $750,000$ authorized shares of $$1$ par value commons tock

During $2021,$ the company had the following capital transactions in its own stock:

bought $3,000$ shares at $$14$ per share

bought $3,000$ shares at $$17\mathrm{.}5$ per share

resold $1,800$ shares of treasury stock at $$15$ per share.

The stockholder$$s equity section of Horton balance sheet at December $31,2020$ was a s follows:

Issued and outstanding $450,000$ shares $$450,000$

Paid in capital in excess of par value $175,000$

Retained earnings $250,000$

For the year ended December $31,2021,$ the company reported net income of $$225,000.$ Assuming the company accounts for treasury stock under the cost method, what w$=$should it report as total stockholder$$s equity on its December $31,2021$ balance sheet?

$$807,500$

$$1,032,500$

$$1,030,700$

$$1,028,900$