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Sagot :
The correct answer would be $327,300.In order to calculate end-of-year stockholders equity following equation is used.
Stockholders equity = Year-end common shares + year-end retained earnings - treasury stocks.
Since there are not any treasury stocks in this case, we just have to get year-end common stock value and retained earnings. To calculate year-end stock value we just add the beginning balance of stock to the other stock issuance value during the year which in this case would be:105,000 + 24,000 = 129,000 .
Whereas, to calculate year-end retained earnings, we take the beginning balance add the net and subtract any dividend paid.
Calculation during this case would be:
175,400 + 33,400 - 10,500 = 198,300
So, stockholder equity = 129,000 + 198,300 = 327,300.
Learn more about stockholder equity :
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