At the End of the Accounting Period, Houston Company Had

Multiple Choice

At the end of the accounting period, Houston Company had $12,000 of par value common stock issued, additional paid-in capital in excess of par value − common of $11,000, retained earnings of $12,000, and $4,000 of treasury stock. The total amount of stockholders' equity is:

A) $37,000.
B) $39,000.
C) $19,000.
D) $31,000.