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Sunland Company started business in 2 0 1 5 by issuing 2 0 7 0 0 0 shares of $ 1 8 par common stock

Sunland Company started business in 2015 by issuing 207000 shares of $18 par common stock for $25 each. In 2020,25600 of these shares were purchased for $37 per share by Sunland Company and held as treasury stock. On June 15,2021, these 25600 shares were exchanged for a piece of property that had an assessed value of $757000. Sunland's stock is actively traded and had a market price of $43 on June 15,2021. 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
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