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A company reported stocker's equity of $500,000 on its balance sheet dated Dec., 31 2018. During the year ended Dec.31, 2019, the company reported net
A company reported stocker's equity of $500,000 on its balance sheet dated Dec., 31 2018. During the year ended Dec.31, 2019, the company reported net of income of $61,000, and declared and paid cash dividends of $19,000, declared and distributed a 10% stock dividend with a $16,000 total market value, issued additional common stock for $80,000, and resold treasury stock for $16,000 that it had purchased in 2018 for $13,000. What is total stockholders equity as dec. 31 2019? Which one $675,000 or $ 688,000, or $691,000, or $685,000?
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