Poodle Corporation was organized on January 3,2024 . The firm was authorized to issue 87,000...
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Poodle Corporation was organized on January 3,2024 . The firm was authorized to issue 87,000 shares of $5 par common stock. During 2024 , Poodle had the following transactions relating to shareholders' equity: Issued 36,000 shares of common stock at $7.00 per share. Issued 26,000 shares of common stock at $8.50 per share. Reported net income of $96,000. Paid dividends of $49,000. What is total paid-in capital at the end of 2024
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Poodle Corporation was organized on January 3,2024 . The firm was authorized to issue 87,000 shares of $5 par common stock. During 2024 , Poodle had the following transactions relating to shareholders' equity: Issued 36,000 shares of common stock at $7.00 per share. Issued 26,000 shares of common stock at $8.50 per share. Reported net income of $96,000. Paid dividends of $49,000. What is total paid-in capital at the end of 2024 