Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 96,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity: Issued 9,700 shares of common stock at $6.50 per share. Issued 20,000 shares of common stock at $8.10 per share. Reported a net income of $105,000. Paid dividends of $52,000. Purchased 3,200 shares of treasury stock at $10.10 (part of the 20,000 shares issued at $8.10). What is total shareholders' equity at the end of 2021?

Multiple Choice

A. $297,730.

B. $245,730.

C. $247,130.

D. $265,410.