South-Western Federal Taxation 2019: Comprehensive, Loose-leaf Version, 42nd + CengageNOWv2, 2 term Printed Access with Access
42nd Edition
ISBN: 9781337813525
Author: Jr William H. Hoffman
Publisher: Cengage Learning
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Jimmy Entertainment Corporation was organized on March 1, 2018. During 2020, Jimmy Entertainment issued 30,000 shares at $12 per share, purchased 3,500 shares of treasury stock at $14 per share, and had a net income of $210,000. What is the total amount of stockholders' equity at December 31, 2020?
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