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Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 120,000 shares of $9 par value common stock. During 2021. Clothing

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Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 120,000 shares of $9 par value common stock. During 2021. Clothing Emporium had the following transactions relating to stockholders' equity. Issued 36,000 shares of common stock at $11 per share. Issued 24,000 shares of common stock at $12 per share. Reported a net income of $120,000 Pald dividends of $60,000 What is total paid in capital at the end of 20212 Multiple Choice $804,000. $624,000 O $744,000 Pro o in Next > Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 120,000 shares of $9 par value common stock. During 2021. Clothing Emporium had the following transactions relating to stockholders' equity. Issued 36,000 shares of common stock at $11 per share. Issued 24,000 shares of common stock at $12 per share. Reported a net income of $120,000 Pald dividends of $60,000 What is total paid in capital at the end of 20212 Multiple Choice $804,000. $624,000 O $744,000 Pro o in Next >

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