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As of the beginning of 2013 a company had total contributed capital of $390,000 and total retained earnings of $44,000. Total liabilities were $190,000. During

As of the beginning of 2013 a company had total contributed capital of $390,000 and total retained earnings of $44,000. Total liabilities were $190,000. During the year 2013, the company had the following transactions:

- Issued stock for cash of $69,000.
- Declared and paid a cash dividend of $24,000.
- Reported total revenue of $169,000 and total expenses of $94,500.

What is the amount of contributed capital that will be reported on the Statement of stockholders' equity at the end of 2013?

$459,000

$536,000

$390,000

$451,000

Which is the amount of retained earnings that will be reported on the Statement of stockholders' equity at the end of 2013?

$94,500

$74,500

$93,000

$44,000

The debt-to-assets ratio at the beginning of 2013 was closest to:

0.30

0.35

0.49

0.24

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