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Do Good Designers was organized on January 1, 2021. The firm was authorized to issue...

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Accounting

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Do Good Designers was organized on January 1, 2021. The firm was authorized to issue 140,000 shares of $7 par value common stock During 2021, DO Good had the following transactions relating to stockholders' equity Issued 14,000 shares of common stock at $9 per share Issued 28,000 shares of common stock at $10 per share. Reported a net income of $140,000 Paid dividends of $70,000 Purchased 2,000 shares of treasury stock at $12 (part of the 28,000 shares issued at $10). What is total stockholders' equity at the end of 20212 Multiple Choice $998,000 $480,000 $452.000 $850,000

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