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Overton Company had the following transactions in 2 0 2 2 , its first year of operations. Issued 5 , 0 0 0 common shares

Overton Company had the following transactions in 2022, its first year of operations.
Issued 5,000 common shares at $30.00 per share.
Earned net income of $200,000.
Paid dividends of $5.00 per share.
At the end of 2022, how much is the total contributed capital?
Group of answer choices
$175,000
$325,000
$150,000
$200,000

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