Alpha began the year with a credit balance in Retained Earnings of $40,000 and a beginning balance of $30,000 in its Common Stock account. During the year, Alpha sold (issued) additional common stock for $10,000, declared dividends of $2,000 and had net income of $14,000. Based on this information, what should the ending balance be for Stockholders' Equity?

Group of answer choices

$96,000

$88,000

The correct answer is not listed.

$92,000

$94,000