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Poodle Corporation was organized on January 3, 2024. The firm was authorized to issue 93,000 shares of $5 par common stock. During 2024, Poodle had
Poodle Corporation was organized on January 3, 2024. The firm was authorized to issue 93,000 shares of $5 par common stock. During 2024, Poodle had the following transactions relating to shareholders' equity: Issued 35,000 shares of common stock at $6.90 per share. Issued 12,000 shares of common stock at $9.10 per share. Reported net income of $93,000. Paid dividends of $43,000. What is total paid-in capital at the end of 2024 ? Multiple Choice $353,700 $443,700 $307,700 $350,700
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