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Roberto Designers was organized on January 1 , 2 0 2 4 . The firm was authorized to issue 1 1 0 , 0 0

Roberto Designers was organized on January 1,2024. The firm was authorized to issue 110,000 shares of $6 par value common stock. During 2024, Roberto had the following transactions relating to stockholders' equity:
Issued 11,000 shares of common stock at $8 per share.
Issued 22,000 shares of common stock at $9 per share.
Reported a net income of $110,000.
Paid dividends of $55,000.
Purchased 2,000 shares of treasury stock at $11(part of the 22,000 shares issued at $9).
What is total stockholders' equity at the end of 2024?
Multiple Choice
$319,000
$341,000
$605,000
$715,000

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