How do I determine what the Paid-in captial is excess of par value, common stock

Question

How do I determine what the Paid-in captial is excess of par value, common stock is?

Kohler Corporation reports the following components of stockholders' equity on December 31, 2015 Common stock-$25 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $1,000,000 70,000 460,000 Total stockholders' equity $1,530,000 In year 2016, the following transactions affected its stockholders' equity accounts. Purchased 4,500 shares of its own stock at $20 cash per share Directors declared a $6 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record. Paid the dividend declared on January Sold 1,688 of its treasury shares at $24 cash per share Sold 2,812 of its treasury shares at $17 cash per share Directors declared a $6 per share cash dividend payable on October 28 to the September 25 stockholders of record. Paid the dividend declared on September 5 Closed the $388,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Jan. Jan. 1 5 5. Feb. 28 July 6 Aug. 22 Sept. 5 Oct. 28 Dec. 31

Explanation / Answer

Paid in capital at the begining = 70,000

$1 per share utilized from paid-in capital on July 6 on 1688 shares = $1,688

$8 ($250$17) per share utilized from paid-in capital on Aug 22 on 2812 shares = $8 * 2,812 = $22,496

Balance in paid in capital = (70,000-1688-22496) = $$45,816

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