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Business, 13.08.2019 00:30 yokis2710

Roberto designers was organized on january 1, 2018. the firm was authorized to issue 140,000 shares of $5 par value common stock. during 2018, roberto had the following transactions relating to stockholders' equity: issued 14,000 shares of common stock at $7 per share. issued 28,000 shares of common stock at $8 per share. reported a net income of $140,000. paid dividends of $70,000. purchased 4,000 shares of treasury stock at $10 (part of the 28,000 shares issued at $8). what is total stockholders' equity at the end of 2018?

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