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Roberto Corporation was organized on January 1, 2018. The firm was authorized to issue 87,000 shares of $5 par common stock During 2018, Roberto had
Roberto Corporation was organized on January 1, 2018. The firm was authorized to issue 87,000 shares of $5 par common stock During 2018, Roberto had the following transactions relating to shareholders' equity Issued 9,100 shares of common stock at $7.00 per share Issued 20,600 shares of common stock at $9.80 per share Reported a net income of $97,000 Paid dividends of $45,000 Purchased 2,500 shares of treasury stock at $11.80 (part of the 20,600 shares issued at $980) What is total shareholders' equity at the end of 2018? Multiple Choice O $333,080. $303,580 $288,080. $289,080
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