May, Inc. had the following transactions in 2019, its first year of operations: Issued 22,000 shares of common stock. The stock has par value of $2.00 per share and was issued at $15.00 per share. Issued 1,800 shares of $120.00 par value preferred stock at par ... Earned net income of $38,000. Paid no dividends. At the end of 2019, what is the total amount of paid - in capital? OA. $546,000 O B. $584,000 O C. $260,000 OD, $330,000
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