Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 99,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity: Issued 10,200 shares of common stock at $5.70 per share. Issued 20,200 shares of common stock at $8.50 per share. Reported a net income of $109,000. Paid dividends of $41,000. Purchased 2,200 shares of treasury stock at $10.50 (part of the 20,200 shares issued at $8.50). What is total shareholders' equity at the end of 2021?

Multiple Choice

$292,640.

$274,740.

$315,740.

$276,340.