6) May, Inc. had the following transactions in 2025, its first year of operations: Issued 28,000 shares of common stock. The stock has a par value of $3.00 per share and was issued at $14.00 per share. Issued 1,300 shares of $200 par value preferred stock at par. Earned net income of $40,000. Paid no dividends. At the end of 2025, what is the total stockholders equity? 6) ______ A) $692,000 B)