Question
The following is a summary of all relevant transactions of Vicario Corporation since it was organized in 2014. In 2014, 15,540 shares were authorized and
The following is a summary of all relevant transactions of Vicario Corporation since it was organized in 2014. In 2014, 15,540 shares were authorized and 7,710 shares of common stock ($58 par value) were issued at a price of $65. In 2015, 1,220 shares were issued as a stock dividend when the stock was selling for $69. 380 shares of common stock were bought in 2016 at a cost of $74 per share. These 380 shares are still in the company treasury. In 2015, 11,420 preferred shares were authorized and the company issued 5,040 of them ($100 par value) at $118. Some of the preferred stock was reacquired by the company and later reissued for $4,570 more than it cost the company.
What is the paid in capital from Treasury Stock?
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