Berry, Inc. had the following transactions in its first year of operations: - Issued 38,000 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 $78,000. - Paid no dividends. At the end of the first year, what is the total amount of paid-in capital? $78,000 $950,000 $1,028,000 $38,000