Reference no: EM132743091

The stockholders' equity section of the January 1, 2035 balance sheet for Y23a-Bf Company is given below:

Common stock, $4.50 par value ....................... $135,000
Paid-in capital - common stock ...................... $102,000
Retained earnings ................................... $ 63,000

Y23a-Bf Company entered into the following transactions during 2035:

a. Re-acquired 8,700 shares of its common stock by paying $5.10 per share.
b. Re-issued 1,200 of the shares that were re-acquired in (a) for $6.70 per share.
c. Re-issued 1,900 of the shares that were re-acquired in (a) for $3.80 per share.
d. Re-issued 1,400 of the shares that were re-acquired in (a) for $5.60 per share.
e. Re-issued 1,300 of the shares that were re-acquired in (a) for $4.80 per share.

Problem 1: The balance in the paid-in capital - treasury stock account after all five transactions above are recorded would be equal to: