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TB MC Qu. 18-22 (Algo) Roberto Corporation was... Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 96,000 shares
TB MC Qu. 18-22 (Algo) Roberto Corporation was... 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 10,200 shares of common stock at $5.70 per share. Issued 20,800 shares of common stock at $9.60 per share. Reported a net income of $106,000. Paid dividends of $43,000. Purchased 3,100 shares of treasury stock at $11.60 (part of the 20,800 shares issued at $9.60). What is total shareholders' equity at the end of 2021? Multiple Choice $284,860. $327,860. $286,260. $291,900.
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