3.33 pts Eugene Etching Company had the following transaction during its first month of operations: August 1 Eugene invested $30,000 cash and $350.000 of equipment into Eugene Etching in exchange for common stock August 2 Eugene Etching paid $5,000 for furniture for the new office. August 2 Eugene Etching purchased another $5,000 worth of furniture on credit. August 15 The company performed $7,500 worth of etching services for a client who plans to pay next month. August 20 The company performed $5,000 worth of etching services for a client who plans to make a partial payment at the end of the month. August 25 Eugene Etching paid $1.500 to rent space in a new office building for its first month of operations. August 29 The company received $3.000 for etching services expected to be performed next month. August 30 The company received cash for services performed earlier in the month which totaled $2.500. How much stockholders' equity would be reported on the balance sheet on August 31 after the above transactions for Eugene Etching Company? $394.000 $388,500 $383,500 $401.500 $391,000