On June 30, the Simpson Company Reported the Following Information

Multiple Choice

On June 30, the Simpson Company reported the following information on its balance sheet. $$\begin{array} { l r } \hline\text { Total current assets } & \$ 550,000 \\\text { Total long-ter } \mathrm { m } \text { assets } & \$ 1,120,000 \\\text { Total cur rent liabilities } & \$ 484,000 \\\text { Total long-ter } \mathrm { m } \text { debt } & \$ 705,000 \\\hline\end{array}$$ What is the amount of the stockholder's equity in the Simpson Company?

A) $481,000
B) $636,000
C) $965,000
D) There is not enough information to calculate stockholders' equity.