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Current Attempt in Progress Oriole Corporation was organized on January 1,2026 with the authorization...

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Accounting

Current Attempt in Progress
Oriole Corporation was organized on January 1,2026 with the authorization of 1140000 shares of common stock with a par value of $6 per share. In 2026, the corporation had the following capital transactions:
January 5 issued 570000 shares @ $10 per share
July 28 purchased 75000 shares @$10 per share
December 31 sold the 75000 shares held in treasury @$20 per share
Oriole used the cost method to record the purchase and the reissuance of the treasury shares. What is the total amount of additional paid-in capital as of December 31,2026?
$2280000.
$3030000.
$-0-
$1965000.
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