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May, Inc had the following transactions in 2019,its first year of operations issued 20 000 shares of common stock The stock has a par value
May, Inc had the following transactions in 2019,its first year of operations issued 20 000 shares of common stock The stock has a par value of S3 00 per share and was issued at $19 00 per share ssued 2.000 shares of $200 par value preferred stock at par Earned net income of $40,000 Paid no dividends At the end of 2019, what is the total amount of paid-in capital? OA. $820,000 OB. $780.000 C. $460,000 D. $380,000 Clck to select your answer Esc F 5 6 O W E Caps Lock Shift
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