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Just want to know if I did it right:-) Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 86,000 shares
Just want to know if I did it right:-)
Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 86,000 shares of $5 par common stock. During 2021, Poodle had the following transactions relating to shareholders' equity: Issued 34,000 shares of common stock at $6.30 per share. Issued 29,000 shares of common stock at $9.20 per share. Reported net income of $102,000. Paid dividends of $53,000. What is total paid-in capital at the end of 2021? Multiple Choice $583,000. $428,000 $484,000 $481,000Step by Step Solution
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