The corporate charter of Carla Vista Corporation allows the issuance of a maximum of

$30,800,000$ shares of $$1$ par value common stock. During its first three years of

operation, Carla issued $2,450,000$ shares at $$16$ per share. It later acquired $32,000$ of

these shares as treasury stock for $$28$ per share.

Based on the above information, answer the following questions:

what is the balance of the common stock account?