Practice HW Ending Week 3 General: a large paper company, mentioned the below following question and choices for you. Use your accounting knowledge to pick the best result as part of this hypothetical interview process. There will only be one correct answer. Choose the best one and report back to your team. Said Company reports total assets and total shareholders' equity of $710,000 and $440,000, respectively, at the end of its first year of business. Wings reported eamings of $200,000 and distributed dividends of $80,000 during its first year. Also during the year, Wings issued additional shares of stock for $110,000. What are companys; liabilities at year-end and contributed capital at the beginning of the year, respectively? A. $150,000;$330,000. B. $160,000;$320,000. C. $270,000;$210,000. D. $270,000;$230,000. E. $320,000;$330,000