At the end of its first month of operations, JMP Consulting reported net income of $28,300. They also had account balances of: Cash, $20,200; Office Supplies, $2,550; and Accounts Receivable, $11,100. Stockholders total investments for this first month was $5,550. There were no dividends in the first month. Calculate the amount of total stockholders equity reported on the balance sheet at month-end.

Multiple Choice

• $28,300

• $33,850

• $5,550

• $22,750

• $8,100