The corporate charter of Alpaca Co. authorized the issuance of 10 million, $1 par common shares. During 2018, its first year of operations, Alpaca had the following transactions: 1 sold 8 million shares at $15 per share 3 retired 2 million shares at $18 per share December 28 sold 2 million shares at $20 per share January June What amount should Alpaca report as additional paid-in capital- excess of par, in its December 31, 2018, balance sheet? Multiple Choice $74 million $122 million $112 million Mc Graw