At the beginning of 20X5, Wade Inc. had total asset and total liabilities of $800,000 and $450,000, respectively The following occurred during 20X5 earned net income of $400,000, received $100,000 cash from the issuance of new shares of stock, and declared and paid dividends totaling $45,000. Question: What should be Wade's ending stockholders' equity balance at 12/31/X5? Answer: $ (note: do not use commas, decimals, or cents)