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Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 92,000 shares of $5 par common stock. During 2021, Poodle had
Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 92,000 shares of $5 par common stock. During 2021, Poodle had the following transactions relating to shareholders' equity Issued 32,000 shares of common stock at $5.60 per share. Issued 14,000 shares of common stock at $9.80 per share Reported net income of $105,000 Paid dividends of $57,000. What is total paid-in capital at the end of 2021? Multiple Choice 5316.400 $318.400 $421,400
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