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August, Inc. had the following transactions in 2018, its first year of operations: . Issued 22,000 shares of common stock. The stock has a par
August, Inc. had the following transactions in 2018, its first year of operations: . Issued 22,000 shares of common stock. The stock has a par value of $3.00 per share and was issued at $16.00 per share Issued 1,800 shares of $160 par value preferred stock at par . Eamed net income of $37.000 . Paid no dividends At the end of 2018, what is total stockholders' equity? A. $354,000 B. S677000 OC. $640,000 OD. $286,000 Click to select your
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