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ABC Co. completed the following transactions during Year 1 : 1. Issued 500 shares of $2 par Common Stock for $5 per share. 2. Repurchased

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ABC Co. completed the following transactions during Year 1 : 1. Issued 500 shares of $2 par Common Stock for $5 per share. 2. Repurchased 100 shares of its own Common Stock for $6 per share. 3. Resold 30 shares of Treasury Stock for $10 per share. What is the value of Total Stockholder's Equity at the end of Year 1 ? $2.500 $2,620 $2,200 $2,080 $2.920

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