Chaco Company provided the following pertaining to its accounting year that ended December 31, 2022: Transaction Amount

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Chaco Company provided the following pertaining to itsaccounting year that ended December 31, 2022:
Transaction
Amount
Sold common stock, par value $5,000
$ 25,000
Declared cash dividends
10,000
Paid cash dividends
7,500
Net income
35,000
5% stock dividend distributed, $2,500 par value
11,500
Sold treasury stock, cost $4,500
3,500
What is the amount of net increase in Chaco's additional paid-incapital account during the year 2022?
$30,000
$29,000
$28,000
$12,000