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these shares were purchased for $ 4 1 per share by Ivanhoe Corporation and held as treasury stock. On June 1 5 , 2 0

these shares were purchased for $41 per share by Ivanhoe Corporation and held as treasury stock. On June 15,2026, these 26300 shares were exchanged for a piece of property that had an assessed value of $753000. Ivanhoe's stock is actively traded and had a market price of $47 on June 15,2026. The cost method is used to account for treasury stock. The amount of paid-in capital from treasury stock transactions resulting from the above events is
$789000.
$473400.
$157800.
$236700.
Ivanhoe Corporation started business in 2020 by issuing 195000 shares of $22 par common stock for $29 each. In 2025,26300 of these shares were purchased for $41 per share by Ivanhoe Corporation and held as treasury stock. On June 15,2026, these 26300 shares were exchanged for a piece of property that had an assessed value of $753000. Ivanhoe's stock is actively traded and had a market price of $47 on June 15,2026. The cost method is used to account for treasury stock. The amount of paid-in capital from treasury stock transactions resulting from the above events is
$789000.
$473400.
$157800.
$236700.

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