Roberto Corporation was organized on January 1, 2018. The firm was authorized to issue 97,000 shares of $5 par common stock. During 2018, Roberto had the following transactions relating to shareholders' equity: Issued 9,700 shares of common stock at $5.60 per share. Issued 20,600 shares of common stock at $8.50 per share. Reported a net income of $101,000. Paid dividends of $50,000. Purchased 3,700 shares of treasury stock at $10.50 (part of the 20,600 shares issued at $8.50). What is total shareholders' equity at the end of 2018? Multiple Choice $252,720. $291,570. $241,570 Paid dividends of $50,000. Purchased 3,700 shares of treasury stock at $10.50 (part of the 20,600 shares issued at $8.50). What is total shareholders' equity at the end of 2018? Multiple Choice $252,720. $291,570. $241,570. $242,770