Sheffield Corp. started business in 2012 by issuing 190000 shares of $19 par common stock for $26 each. In 2017, 24200 of these shares were purchased for $38 per share by Sheffield Corp. and held as treasury stock. On June 15, 2018, these 24200 shares were exchanged for a piece of property that had an assessed value of $755000. Sheffield's stock is actively traded and had a market price of $44 on June 15, 2018. The cost method is used to account for treasury stock. The amount of paid-in capital from treasury stock transactions resulting from the above events would be

$745000.

$145200.

$445200.

$210200.