Shown below is information relating to the stockholders' equity of Grant Corporation at December 31, Year 1:

4.5% cumulative preferred stock, $100 par value; authorized, 22,000 shares; issued and outstanding, 11,000 shares $ 1,100,000 Common stock, $3 par value; authorized, 380,000 shares; issued and outstanding, 228,000 shares $ 684,000 Additional paid-in capital: preferred stock $ 66,000 Additional paid-in capital: common stock $ 1,700,000 Retained earnings $ 940,000 Dividends have been declared and paid for Year 1.

Grant's total legal capital at December 31, Year 1, is:

$973,000. $2,544,000. $3,484,000. $1,784,000.