none of the above QUESTION 7 Roberto Corporation was organized on January 1, 2018. The firm was authorized to issue 93,000 shares of $5 par common stock. During 2018, he had the following transactions relating to shareholders' equity Issued 10,000 shares of common stock at $5.90 per share. Issued 20,700 shares of common stock at $8.10 per share. Reported a net income of $97,000. Paid dividends of $55,000. Purchased 2,900 shares of treasury stock at $10.10 (part of the 20,700 shares issued at $8.10). What is total shareholders' equity at the end of 2018? $294,380. $242,380. $239,380. None of the above. $265,090. QUESTION 8