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Roberto Corporation was organized on January 1, 2013. The firm was authorized to issue 98,000 shares of $5 par common stock. During 2013, Roberto had
Roberto Corporation was organized on January 1, 2013. The firm was authorized to issue 98,000 shares of $5 par common stock. During 2013, Roberto had the following transactions relating to shareholders' equity: Issued 10,100 shares of common stock at $6.60 per share. Issued 19,000 shares of common stock at $9.80 per share. Reported a net income of $95,000. Paid dividends of $46,000. Purchased 3,700 shares of treasury stock at $11.80 (part of the 19,000 shares issued at $9.80). What is total shareholders' equity at the end of 2013
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