The corporate charter of Llama Co. authorized the issuance of 22 million, $1 par common shares. During 2021, its first year of operations, Llama had the following transactions:

January 1 sold 7 million shares at $27 per share

June 3 purchased 14 million shares of treasury stock at $30 per share

December 28 sold the 5 million shares of treasury stock at $32 per share

What amount should Llama report as additional paid-in capital in its December 31, 2021, balance sheet?

Multiple Choice

$198 million

$192 million

$182 million

$150 million