Test 3 (CH17818) Help Save & Exit Submit 39 Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 85,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity (8 01:41 Issued 9,700 shares of common stock at $700 per share, Issued 20700 shares of common stock at $9.00 per share Reported a net income of $93,000. Paid dividends of $44.000. Purchased 3,800 shares of treasury stock at $1100 (part of the 20,700 shares issued at $9.00). What is total shareholders' equity at the end of 2021? Multiple Choice o o $263,600. o $305,400. o $261,400