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Roberto Corporation was organized on January 1, 2018. The firm was authorized to issue 92,000 shares of $5 par common stock. During 2018, Roberto had
Roberto Corporation was organized on January 1, 2018. The firm was authorized to issue 92,000 shares of $5 par common stock. During 2018, Roberto had the following transactions relating to shareholders' equity: ssued 10,400 shares of common stock at $5.90 per share. Issued 20,900 shares of common stock at $9.80 per share. Reported a net income of $100,000. Paid dividends of $56,000 Purchased 3,900 shares of treasury stock at $11.80 (part of the 20,900 shares issued at $9.80) What is total shareholders' equity at the end of 2018
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