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The corporate charter of Llama Co, authorized the issuance of 30 million $1 par common shares. During 2021, its first year of operations, Llama had

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The corporate charter of Llama Co, authorized the issuance of 30 million $1 par common shares. During 2021, its first year of operations, Llama had the following transactions January 1 sold 3 million shares at $35 per share June 3 purchased 22 million shares of treasury stock at $38 per share December 28 sold the 8 million shares of treasury stock at $40 per share What amount should Llama report as additional pald-in capital in its December 31, 2021, balance sheet? Multiple Choice $102 million $124 million Oo oo $118 million $76 million

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