Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 84,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity: Issued 9,100 shares of common stock at $7.00 per share. Issued 20,400 shares of common stock at $8.20 per share. Reported a net income of $92,000. Paid dividends of $46,000. Purchased 3,700 shares of treasury stock at $10.20 (part of the 20,400 shares issued at $8.20). What is total shareholders' equity at the end of 2021?

Multiple Choice

• $239,240.

• $285,240.

• $247,500.

• $241,840.