Before the Closing Entries Were Made at the End of 20B

Multiple Choice

Before the closing entries were made at the end of 20B, the following data were taken from the accounts of Joe Corporation: What is the amount of shareholders' equity that should appear on Joe Corporation's statement of financial position dated December 31, 20B?

A) $270,000.
B) $300,000.
C) $230,000.
D) $110,000.