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Assume the company had the following accounts: Common Stock $800,000, Preferred Stock $250,000, Additional Paid in Capital, $1,500,000, Beginning Retained Earnings $125,000, Net Loss $18,500,
Assume the company had the following accounts: Common Stock $800,000, Preferred Stock $250,000, Additional Paid in Capital, $1,500,000, Beginning Retained Earnings $125,000, Net Loss $18,500, and Dividends $5,000. What is the balance of total stockholder's equity?
$2,661,500
$2,651,500
$2,688,500
$2,675,000
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