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Question 50 4 pts Poodle Corporation was organized on January 3, 2018. During 2018, Poodle had the following transactions relating to shareholders' equity: Issued 30,000

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Question 50 4 pts Poodle Corporation was organized on January 3, 2018. During 2018, Poodle had the following transactions relating to shareholders' equity: Issued 30,000 shares of $5 par preferred stock at $7 per share. Issued 20,000 shares of $1 par common stock at $8 per share. Reported a net income of $100,000. Paid dividends of $50,000. What is total paid-in capital at the end of 2018? 0 $170,000 O $470,000 0 $420,000 O $370,000

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