Martin Corporation was organized on January 3, 2007. Martin was authorized to issue 50,000 shares of common stock with a par value of $10 per share. On January 4, Martin issued 30,000 shares of common stock at $25 per share. On July 15, Martin issued an additional 10,000 shares at $20 per share. Martin reported income of $33,000 during 2007. In addition, Martin declared a dividend of $.50 per share on December 31,2007.What is the amount reported on Martin corporation's December 31, 2007 balance sheet as additional paid-in capital?