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Belton, Inc. had the following transactions in 2024, its first year of operations: - Issued 39,000 shares of common stock. Stock has par value of

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Belton, Inc. had the following transactions in 2024, its first year of operations: - Issued 39,000 shares of common stock. Stock has par value of $1.00 per share and was issued at $22.00 per share. - Eamed net income of $80,000. - Paid no dividends. At the end of 2024, what is the total amount of paid - in capital? A. $80,000 B. $858,000 C. $39,000 D. $938,000

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