Ladder Distributors The Stockholders' Equity Section of the December 31, 2019, Balance

Multiple Choice

Ladder Distributors
The stockholders' equity section of the December 31, 2019, balance sheet is provided below:
Assume that all of the 20,000 shares of stock that was issued as of December 31, 2019, was issued for $42 per share. On March 1, 2020, the company reacquired 4,000 shares of its common stock for $50 per share.
-Refer to Ladder Distributors. What is the total amount of stockholders' equity that will be presented on the company's March 31, 2020, balance sheet?

A) $1,340,000
B) $1,372,000
C) $1,708,000
D) $1,740,000