Roberto Corporation was organized on January 1, 2013. The firm was authorized to issue 89,000 shares of $5 par common stock. During 2013, Roberto had the following transactions relating to shareholders' equity:

Issued 10,800 shares of common stock at $6.90 per share.

Issued 20,200 shares of common stock at $9.30 per share.

Reported a net income of $97,000.

Paid dividends of $53,000.

Purchased 3,000 shares of treasury stock at $11.30 (part of the 20,200 shares issued at $9.30).

What is total shareholders' equity at the end of 2013?

	$273,680.
	$272,480.
	$291,580.
	$325,480