Sigma Corporation issued 13,000 shares of common stock for $67 per share. The corporate charter of Sigma Corporation established a par value of $25 per share. When this transaction is recorded, what will be the effect on the Additional Paid-in Capital account?

Multiple Choice

• $871,000.

• $325,000.

• $546,000.

• The Additional Paid-in Capital account will not be effected by this transaction.