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19 Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 200,000 shares of $10 par value common stock. During 2021,

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19 Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 200,000 shares of $10 par value common stock. During 2021, Clothing Emporium had the following transactions relating to stockholders' equity: Issued 60,000 shares of common stock at $12 per share. Issued 40,000 shares of common stock at $13 per share. Reported a net income of $200,000. Pald dividends of $100,000. 8 01455 What is total paid-in capital at the end of 2021? Multiple Choice $1.440,000 $1,140,000 $1,240,000 $1,340,000

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