The corporate charter of Kunkel Company authorized the issuance of 13 million, $1 par common shares. During 2024, its first year of operations, Kunkel had the following transactions: 0.25 points January 1 Sold 11 million shares at $18 per share June 3 Purchased 5 million shares of treasury stock at $21 per share December 28 Sold the 5 million shares of treasury stock at $23 per share & 00:4250 What amount should Kunkel report as additional paid-in capital in its December 31, 2024, balance sheet? Multiple Choice $203 million $155 million $197 million