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Roberto Corporation was organized on January 1, 2024. The firm was authorized to issue 90,000 shares of $5 par common stock. During 2024, Roberto had
Roberto Corporation was organized on January 1, 2024. The firm was authorized to issue 90,000 shares of $5 par common stock. During 2024, Roberto had the following transactions relating to shareholders' equity: Issued 11,000 shares of common stock at $6.90 per share. Issued 20,200 shares of common stock at $8.20 per share. Reported a net income of $97,000. Paid dividends of $41,000. Purchased 3,000 shares of treasury stock at $10.20 (part of the 20,200 shares issued at $8.20). What is total shareholders' equity at the end of 2024
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