A company began the year with $86,000 in its Common Stock account and a credit balance in Retained Earnings of $35,000. During the year, the company earned net income of $50,000 and declared and paid $12,000 of dividends. In addition, the company sold additional common stock amounting to $32,000. Based on this information, what is the ending total of stockholders' equity?

a) $203,000

b) $159,000

c) $171,000

d) $191,000

e) $105,000