Wildhorse Corporation's shareholders' equity section at December 31, 2022 was:

	Common shares, $4 par value, authorized 1205000 shares;
	issued 905000 shares; outstanding 802000 shares;		$4507240
	Contributed surplus		3247000
	Retained earnings		5246000
			13000240
	Less treasury shares, at cost, 98000 shares		882000
	Total shareholders' equity		$12118240

During 2023, Wildhorse sold 29400 treasury shares at $11 per share. No other similar transactions occurred during 2023. What amount should be reported for this transaction on the 2023 income statement?