A company reported total stockholders' equity of $171,000 on its balance sheet dated December 31, 2016. During the year ended December 31, 2017, the company reported net income of $20,100, declared and paid a cash dividend of $4,100, declared and distributed a 10% stock dividend with a $5,100 total market value, and issued additional common stock for $41,000. What is total stockholders' equity as of December 31, 2017?

$228,000.

$222,900.

$233,100.

$236,200.