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03 21 01:52:43 ABC Company was organized on January 1, 2021. The firm was authorized to issue 180,000 shares of $9 par value common stock.

03 21 01:52:43 ABC Company was organized on January 1, 2021. The firm was authorized to issue 180,000 shares of $9 par value common stock. During 2021, ABC Company had the following transactions relating to stockholders' equity: Issued 54,000 shares of common stock at $11 per share. Issued 36,000 shares of common stock at $12 per share. Reported a net income of $180,000. Paid dividends of $90,000. What is total paid-in capital at the end of 2021? Multiple Choice $1,206,000. $936,000. $1,116,000. $1,026,000image text in transcribed

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