Sandhill Corporation was organized on January 1, 2026 with the authorization of 1190000 shares of common stock with a par value of $6 per share. In 2026, the corporation had the following capital transactions: January 5 issued 595000 shares @ $10 per share July 28 purchased 75000 shares @ $12 per share December 31 sold the 75000 shares held in treasury @ $19 per share Sandhill used the cost method to record the purchase and the reissuance of the treasury shares. What is the total amount of additional paid-in capital as of December 31, 2026?

$2905000.

$2380000

$-0-

$1790000.