The corporate charter of Pharaoh Tent Co. authorized the issuance of 6 million, $1 par common shares. During 2016, its first year of operations, Pharaoh had the following transactions: sold 4-million shares at $ 15 per share retired 1 milion shars at $18 per share sold the 1 milion shares at s20 per share February 4 October 12 December 30 What amount should Pharaoh report as additional paid-in capital in Its December 31, 2016, balance sheet? A) $37 million B) $56 milhon (56t19-14)-1 C) $58 million D) $61 million