Victorias Secret was organized on January 1, with an authorization of 2,400,000 shares of $10 par value Common Stock. During the year, Victorias Secret had the following common stock transactions:

January 4 Issued 120,000 shares @ $12 per share

April 8 Issued 240,000 shares @ $14 per share

June 9 Issued 72,000 shares @ $20 per share

July 29 Purchased 48,000 shares (treasury) @ $20 per share

December 31 Sold 48,000 held in treasury @ $24 per share

The Company had no other transactions affecting additional paid-in capital. At December 31, what is the Total amount of Additional Paid-In Capital (for Common Stock & Treasury Stock)? Select one:

a. $2,016,000

b. $1,920,000

c. $4,320,000

d. $2,112,000

e. $6,432,000