A company's January 1, 2014 balance sheet reported total assets of $130,000 and total liabilities of $30,000. During January 2014, the following transactions occurred: (A) the company issued stock and collected cash totaling $40,000; (B) the company paid an account payable of $7,000; (C) the company purchased supplies for $2,000 with cash; (D) the company purchased land for $50,000 paying $20,000 with cash and signing a note payable for the balance. What is total stockholders' equity after the transactions above?