Multiple Choice
A company reported total stockholders' equity of $170,000 on its balance sheet dated December 31,2018.During the year ended December 31,2019,the company reported net income of $20,000,declared and paid a cash dividend of $4,000,declared and distributed a 10% stock dividend with a $5,000 total market value,and issued additional common stock for $40,000.What is total stockholders' equity as of December 31,2019?
A) $234,000.
B) $226,000.
C) $231,000.
D) $221,000.
Correct Answer:

Verified
Correct Answer:
Verified
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