Stahl Consulting Started the Year with Total Assets of $60,000

Multiple Choice

Stahl Consulting started the year with total assets of $60,000 and total liabilities of $15,000. During the year, the business recorded $48,000 in catering revenues and $30,000 in expenses. Stahl issued stock of $9,000 and paid dividends of $15,000 during the year. The stockholders' equity at the end of the year was

A) $33,000.
B) $54,000.
C) $57,000.
D) $63,000.