A company reported total Stockholders Equity of $540,000 at December 31, 2019, with 120,000 common shares outstanding. During the year ended December 31, 2020, the company reported the following: 3/31/2020- Issued 10,000 shares of $3 par value common stock at $42 per share. 7/1/2020- Purchased for treasury 1,000 shares of $3 par value common stock at $10 per share. 8/31/2020- Incurred an Other Comprehensive Loss of $12,000. 9/30/2020- Paid a cash dividends of $.50 per common share. Net Income for the year $58,900. What is the amount of Stockholders Equity as of December 31, 2020?

Group of answer choices

$938,900

$948,900

$560,900

$932,400