2.280 Carson Company is a service provider with a December 31st year end. Carson performs all customer services on account and purchases 100% of the asset supplies on account from vendor Natural Products. Treat each Carson Company exam question as stand alone. Carson needs your assistance in preparing the company's 12/31/2020 Statement of Cash flows and in order to assist you with your work, Carson provides you with the following: The company's comparative balance sheet (showing all accounts except the equity accounts which have been intentionally omitted): Account Description 12/31/2019 12/31/2020 Debit Credit Cash $18.245 $20,225 Accounts Receivable 24,100 57,200 Supplies 16.200 17.800 Prepaid Insurance Expense 3,435 3,625 Vehicles 100,000 55,000 Equipment 125.000 137.000 Accumulated Depreciation 92,675 S75625 Accounts Payable- Natural Products 4,425 Dividend Payable 14.000 8,000 Rent Payable 3,000 3,100 Salaries Payable 3,000 Utilities Payable 600 550 (iThe company's 12/31/2020 income statement: Service Fee Revenue $310,000 Less: Operating Expense Advertising Expense 37,000 Depreciation Expense 21,065 Insurance Expense 8,550 Rent Expense 33,875 Salaries Expense 97,300 Supplies Expense 27,000 Travel Expense 32,000 Utilities Expense 5,550 (S262,340) Net Income from Operations $47,660 Other: Gain on asset disposal 1.315 Net Income $48,975 Consider the above information and consider further that during 2020 Carson declared $50,000 in dividends and welcomed a new owner in to the organization What amount of capital did the new owner contribute to the organization in exchange for stock? O A. $50,000 OB. $30,000 OC. $20,000 OD SO O E $70,000