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Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 81,000 shares of $5 par common stock. During 2021, Poodle had
Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 81,000 shares of $5 par common stock. During 2021, Poodle had the following transactions relating to shareholders' equity: Issued 28,000 shares of common stock at $6.10 per share. Issued 25,000 shares of common stock at $8.50 per share. Reported net income of $95,000. Paid dividends of $45,000. What is total paid-in capital at the end of 2021? Multiple Choice $383,300. O $478,300. O $338,300. a $385,800 O
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