Option

A. 256,200

B. 284,530

C. 253,600

D. 309,600

Roberto Corporation was organized on January 1, 2018. The firm was authorized to issue 81,000 shares of $5 par common stock During 2018, Roberto had the following transactions relating to shareholders' equity: Issued 10,500 shares of common stock at $6.00 per share. Issued 20,300 shares of common stock at $8.90 per share. Reported a net income of $91,000. Paid dividends of $56,000. Purchased 2,300 shares of treasury stock at $10.90 (part of the 20,300 shares issued at $8.90) What is total shareholders' equity at the end of 2018? Multiple Choice