At the beginning of the year, a corporation had $600,000 of common stock and $1,400,000 of retained earnings. During the year, the corporation issued $400,000 of additional common stock, earned net income of $1,000,000, and paid cash dividends of $200,000. Total stockholders equity at year end is:

a. $2,400,000

b. $3,000,000

c. $3,400,000

d. $3,200,000

e. Some other amount