Roberto Designers was organized on January 1,2018.The firm was authorized to issue 100,000 shares of $5 par value common stock.During 2018,Roberto had the following transactions relating to stockholders' equity: Issued 10,000 shares of common stock at $7 per share.Issued 20,000 shares of common stock at $8 per share.Reported a net income of $100,000.Paid dividends of $50,000.Purchased 3,000 shares of treasury stock at $10 (part of the 20,000 shares issued at $8) .What is total stockholders' equity at the end of 2018?
A) $270,000.
B) $300,000.
C) $250,000.
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