At December 31, Year 1, the accounting records of Braun Corporation contain the following tems Accounts Payable $ 16,000 Accounts Receivable Land 240,000 Cash Capital Stock ? Equipment Building 180,000 Notes Payable Retained Earnings 160,000 Cash at December 31, Year 1, is $86,000, Capital Stock is: $ 40,000 2 120,000 190,000 Multiple Choice $260.000 $300.000 1620.000 516000