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Business, 11.09.2019 05:30 sassyparker1216

Berry corporation has 50,000 shares of $10 par common stock authorized. the following transactions took place during 2012, the first year of the corporation's existence:
sold 10,000 shares of common stock for $18 per share.
issued 10,000 shares of common stock in exchange for a patent valued at $200,000.
at the end of the berry's first year, total paid-in capital amounted to a. $80,000.
b. $180,000.
c. $200,000.
d. $380,000.

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