Sosa Company's stockholders' equity at January 1, 2020 is as follows: Common stock, $10 par, issued and outstanding 225,000 shares: $2,250,000 Pald-in capital - excess of par. $900,000 Retained earnings: $2,190,000 During 2020, Sosa had the following stock transactions: 1. Acquired 6,000 shares of its stock for $270,000. 2. Sold 3,600 treasury shares at $50 a share. 3. Sold the remaining treasury shares at $41 per share. No other stock transactions occurred during 2020. Sosa reported net Income of $450,000 and declared dividends of $60,000 for 2020. What is the stockholders' equity balance at December 31, 2020