Realistic Corporation's December 31, 2015 balance sheet showed the following:

8% preferred stock, $20 par value, cumulative, 20,000 shares

authorized; 10,000 shares issued

$ 200,000

Common stock, $10 par value, 2,000,000 shares authorized;

1,950,000 shares issued, 1,930,000 shares outstanding	19,500,000
Paid-in capital in excess of parpreferred stock	60,000
Paid-in capital in excess of parcommon stock	24,000,000
Retained earnings	7,650,000
Treasury stock (20,000 shares)	630,000

Realistic's total paid-in capital was