5. On January 1, Gucci Brothers Inc. started the year with a $492,000 balance in Retained Earmings and a $605,000 balance in Common Stock. During the year, the company reported net income of $92,000, paid a dividend of $15,200, and issued more common stock for $27.500. What is total stockholders' equity at the end of the year? A. $1,231,700. B. $1,097,000. C. $1,201,300. D. S1,588,300. 6. Below are the account balances for Huffiman Corporation at the end of December. Use only the appropriate accounts to prepare an income statement. Accounts Balances Cash $5.200 Salaries expense 2,300 Retained earnings 2,500 1,200 Advertising expense Equipment Service revenue Common stock 12,400 9,400 8,000 2,200 Accounts payable Huffman Corporation Income Statement For the year ended December 31