Use the Following Information to Answer Questions

Multiple Choice

Use the following information to answer questions
Hanks Corporation's Retained Earnings account balance at December 31, 2009 and December 31, 2010 was $200,000 and $250,000, respectively. During 2010, Hanks issued $39,000 of stock, purchased $15,000 of treasury stock, and declared $20,000 of dividends. No other transactions affected stockholders' equity.
-By how much did stockholders' equity of Hanks Corp. change during 2010?

A) +$74,000
B) +$50,000
C) +$ 4,000
D) -$35,000
E) -$15,000