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Romeo Corporation was organized on January 1, 2021. The firm was muthorized to issue 100,000 shares of $5 por common stock. During 2021, Romeo und
Romeo Corporation was organized on January 1, 2021. The firm was muthorized to issue 100,000 shares of $5 por common stock. During 2021, Romeo und the followme transactions relating to shareholders' equity 1. Issued 10,000 shares of common stock at S7 per share. 2. Issued 20.000 shares of common stock at 58 per share 3. Reported a net income of $200,000 4. Paid dividends of $60,000 5. Purchased 4,000 shares of treasury stock at S10 (part of the 20,000 shares sued at $8), What is total shareholders' cquity at the end of 202.17
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