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Vaughn Manufacturing was organized on January 1, 2021, with an authorization of 1330000 shares of common stock with a par value of $6 per share.

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Vaughn Manufacturing was organized on January 1, 2021, with an authorization of 1330000 shares of common stock with a par value of $6 per share. During 2021, the corporation had the following capital transactions: January 5 issued 665000 shares @ $10 per share July 28 purchased 79000 shares @ $12 per share December 31 sold the 79000 shares held in treasury @ $20 per share Vaughn used the cost method to record the purchase and reissuance of the treasury shares. What is the total amount of additional paid in capitalas of December 31, 20211 O $3292000 O $2040000 O $-0- $2660000

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