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On January 1, 2021 a corporation was organized. The firm was authorized to issue 160,000 shares of $5 par value common stock During 2021, the
On January 1, 2021 a corporation was organized. The firm was authorized to issue 160,000 shares of $5 par value common stock During 2021, the company had the following transactions relating to stockholders' equity 21 Issued 16,000 shares of common stock at 57 per share Issued 32,000 shares of common stock at 58 per share Reported a net income of $160.000, Pald dividends of $60,000, Purchased 4,000 shares of treasury stock at $10 (part of the 32,000 shares inued at $). 5 points 01:32:49 What is total stockholders equity at the end of 2021 Multiple Choice $440.000 $408.000 $936.000 $726000
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