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Belton, Inc. had the following transactions in 2024, its first year of operations: . Issued 34,000 shares of common stock. Stock has par value

Belton, Inc. had the following transactions in 2024, its first year of operations: . Issued 34,000 shares of common stock. Stock has par value of $1.00 per share and was issued at $25.00 per share. Earned net income of $77,000. Paid no dividends. At the end of 2024, what is the total amount of paid-in capital? A. $77,000 B. $34,000 C. $850,000 OD. $927,000

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