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An analysis of stockholders' equity of Ren Corporation as of January 1, 2020, is as...

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Accounting

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An analysis of stockholders' equity of Ren Corporation as of January 1, 2020, is as follows: Common stock, par value $5; authorized 200,000 shares; issued and outstanding 180,000 shares $900,000 Paid-in capital in excess of par - common stock 1,200,000 Retained earnings 850,000 Total $2,950,000 Ren uses the cost method of accounting for treasury stock and during 2020 entered into the following transactions: Acquired 1,500 shares of its stock for $15,000. Sold 600 treasury shares at $12 per share. Sold the remaining treasury shares at $8 per share. Assuming no other equity transactions occurred during 2020, what should Ren report at December 31, 2020, as total additional paid-in capital (i.e., for both common stock and treasury stock)

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