Sampson Corporation's Only Treasury Share Transactions Have Been as Follows

Sampson Corporation's only treasury share transactions have been as follows: (1)1,000 common shares were repurchased on June 1,Year 1,for $40,000; (2)On June 1,Year 2,it reissued 500 of these shares at $45 per share; (3)On August 1,Year 2,it reissued the rest of the treasury shares at $38 per share.Calculate the balance in the Contributed Capital,Treasury Share Transactions account on September 1,Year 2.

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