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Roberto Designers was organized on January 1, 2021. The firm was authorized to issue 150,000 shares of $5 par value common stock During 2021, Roberto

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Roberto Designers was organized on January 1, 2021. The firm was authorized to issue 150,000 shares of $5 par value common stock During 2021, Roberto had the following transactions relating to stockholders' equity Issued 15,000 shares of common stock at $7 per share. Issued 30,000 shares of common stock at $8 per share. Reported a net income of $150,000 Paid dividends of $75,000. Purchased 2,500 shares of treasury stock at $10 (part of the 30,000 shares issued at $8) What is total stockholders' equity at the end of 2021? Multiple Choice O $890.000 O $425.000 4 *2/34 ote 9 to search

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