Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 83,000 shares of $5 par common stock. During 2021, Poodle had the following transactions relating to shareholders' equity: Issued 26,000 shares of common stock at $6.40 per share. Issued 23,000 shares of common stock at $9.30 per share. Reported net income of $110,000. Paid dividends of $50,000. What is total paid-in capital at the end of 2021

$380,300

Explanation:

Paid-in-capital is the amount of cash received from the investors of the company for issuance of stocks. Paid-in-capital is recorded for both common and preferred stock separately. The value st par is recorded separately from the value excess of par of each stock type.

Issue of stock

first issuance

Common stock = 26,000 shares x $5 = $130,000

Add-in capital excess of par- Common shares = 26,000 shares x ( $6.4 - $5 )

Add-in capital excess of par- Common shares = $36,400

second issuance

Common stock = 23,000 shares x $5 = $115,000

Add-in capital excess of par- Common shares = 23,000 shares x ( $9.3 - $5 )

Add-in capital excess of par- Common shares = $98,900

Total Paid-in-capital = ($130,000 + $36,400) + ($115,000 + $98,900)

Total Paid-in-capital = $166,400 + $213,900 = $380,300

b or d if i'm correct boi.

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.