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Business, 10.03.2020 06:06 jackbruski

Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 130,000 shares of $9 par value common stock. During 2021, Clothing Emporium had the following transactions relating to stockholders' equity: Issued 39,000 shares of common stock at $11 per share. Issued 26,000 shares of common stock at $12 per share. Reported a net income of $130,000. Paid dividends of $65,000. What is total paid-in capital at the end of 2021?

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Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 130,000 shares...
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