Brite Inchad the Following Assets and Liabilities at the End of of the Year

Multiple Choice

Brite Inc.had the following assets and liabilities at the end of the year: $$\begin{array} { l l } \text { Assets } & \$ 54,800 \\\text { Liabilities } & \$ 32,000\end{array}$$ What is the year-end stockholders' equity of Brite Inc.?

A) $32,000
B) $22,800
C) $86,800
D) Cannot be determined with this information