Puffin Cobegan the Year with Assets of $120,000 and Liabilities of of $90,000.During

Multiple Choice

Puffin Co.began the year with assets of $120,000 and liabilities of $90,000.During the year assets increased by $14,400 and liabilities decreased by $10,800. What is the amount of Puffin's stockholders' equity at the beginning of the year?

A) $0
B) $30,000
C) $210,000
D) $120,000