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Cullumber Corporation was organized on January 1, 2026 with the authorization of 1120000 shares of...

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Cullumber Corporation was organized on January 1, 2026 with the authorization of 1120000 shares of common stock with a par value of $4 per share. In 2026 , the corporation had the following capital transactions: January 5 issued 560000 shares@\$9 per share July 28 purchased 81000 shares @$11 per share December 31 sold the 81000 shares held in treasury @ \$18 per share Cullumber 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? $3367000. \$-0. $2328000. $2800000

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