Answer:
$2,400
Explanation:
For par stated shares, any amount paid in excess of the par value is called paid-in capital in excess of par and is included in shareholders equity reserves.
So, from the total price remove the par value price of 130 shares to determine the paid-in capital in excess of par.
Paid-in capital in excess of par = Total Paid - Price at Par
= $15,400 - (130 shares × $100)
= $2,400
