Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 98,000 shares of $5 par common stock. During 2021, Poodle had the following transactions relating to shareholders' equity: Issued 35,000 shares of common stock at $5.40 per share. Issued 23,000 shares of common stock at $9.60 per share. Reported net income of $101,000. Paid dividends of $57,000. What is total paid-in capital at the end of 2021?

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?