At the beginning of 20x5, Poole Inc. had total asset and total liabilities of $600,000 and $275,000, respectively The following occurred during 20X5: . earned net income of $55,000, declare and paid dividends totaling $42,000, and . received $18,000 cash from the issuance of new shares of stock Question: What should be Poole's ending stockholders' equity balance at 12/31/X5? Answer: $ (note: do not use commas, decimals, or cents)