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Roberto Corporation was organized on January 1, 2016. The firm was authorized to issue 84,000...

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Accounting

Roberto Corporation was organized on January 1, 2016. The firm was authorized to issue 84,000 shares of $5 par common stock. During 2016, Roberto had the following transactions relating to shareholders' equity: Issued 10,200 shares of common stock at $6.90 per share. Issued 19,300 shares of common stock at $9.50 per share. Reported a net income of $104,000. Paid dividends of $49,000. Purchased 3,600 shares of treasury stock at $11.50 (part of the 19,300 shares issued at $9.50). What is total shareholders' equity at the end of 2016?

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