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90. Kendrick Corporation was organized on January 2, 2020. During 2020, Kendrick issued 20,000 shares at $32 per share, purchased 4,000 treasury shares at $26

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90. Kendrick Corporation was organized on January 2, 2020. During 2020, Kendrick issued 20,000 shares at $32 per share, purchased 4,000 treasury shares at $26 per share, and had net income of $500,000. What is the total amount of equity at December 31, 2020? Select one: A. $1,044,000 B. 51,036,000 C$1,060,000 D.$740,000 x

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