Roberto Corporation was organized on January 1, 2013. The firm was authorized to issue 95,000 shares of $5 par common stock. During 2013, Roberto had the following transactions relating to shareholders' equity:

Issued 9,600 shares of common stock at $5.80 per share.

Issued 19,300 shares of common stock at $8.60 per share.

Reported a net income of $93,000.

Paid dividends of $47,000.

Purchased 3,200 shares of treasury stock at $10.60 (part of the 19,300 shares issued at $8.60).

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

Multiple Choice

$280,740.

$233,740.

$235,540.

$246,820.