The Pawlowski Company began the year with a balance in retained earnings of $60,000 and 55,000 shares of $1 par common stock outstanding. During the year, the company reported sales of $250,000, expenses of $100,000, and declared and paid a $0.40 per share cash dividend. How much is the balance in the Retained Earnings account at year-end? Select one: A. $188,000 B. $199,000 C. $210,000 D. $128,000 Paden City reported the following information at December 31: Preferred Stock, $2.00 par, 10,000 shares authorized $5,400 Additional paid-in capital - preferred stock 4,995 Common stock, $1.00 par, 6,000 shares authorized 1,800 Additional paid-in capital - common stock 4,350 Retained earnings 8,500 Treasury stock, at cost of $4 per share _(1.000) Total $24,045 Paden City's common stock was selling for $12 per share at year-end. If the company declares a 10% common stock dividend, what will be the amount of total shareholders' equity at year-end? Select one: O A. $15,500 O B. $15,950 O C. $5,400 O D. $24,045 On January 1, Michaelene Company purchased equipment with an invoice cost of $216,000. The company paid 8% sales taxes on the invoice cost and an additional $1,000 to ship the equipment to the company's facilities. On January 15, the company hired an outside company to train its employees on the new equipment at a cost of $2,400. How much is the capitalized cost of the equipment? Select one: O A. $216,000 B. $233,080 O C. $236,680 O D. None of the above