CBA Company Reported Total Stockholders' Equity of $85,000 on Its

Multiple Choice

CBA Company reported total stockholders' equity of $85,000 on its balance sheet dated December 31, 2016. During the year ended December 31, 2017, CBA reported net income of $10,000, declared and paid a cash dividend of $2,000, and issued additional common stock for $20,000. What is total stockholders' equity as of December 31, 2017?

A) $117,000.
B) $113,000.
C) $109,000.
D) $115,000.