Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 100,000...
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Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $7 par value common stock. During 2021. Clothing Empoelum had the following transactions relating to stockholders equity Issued 30,000 shares of common stock at $9 per shore. Issued 20,000 shares of common stock at $10 per share. Reported a net income of $100,000 Pald dividends of $50,000 What is total poid-in capital at the end of 20217 Multiple Choice 5520,000 $570,000 $470,000 $420,000
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