19 Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 200,000 shares of $10 par value
Posted: Wed Apr 27, 2022 10:53 am
19 Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 200,000 shares of $10 par value common stock. During 2021, Clothing Emporium had the following transactions relating to stockholders' equity: Issued 60,000 shares of common stock at $12 per share. Issued 40,000 shares of common stock at $13 per share. Reported a net income of $200,000. Pald dividends of $100,000. 8 01455 What is total paid-in capital at the end of 2021? Multiple Choice $1.440,000 $1,140,000 $1,240,000 $1,340,000