August, Inc. had the following transactions in 2024, its first year of operations: Issued 26,000 shares of common stock. The stock has a par value of $4.00 per share and was issued at $20.00 per share. Issued 1,600 shares of $120 par value preferred stock at par. Earned net income of $40,000. Paid no dividends. At the end of 2024, what is total stockholders' equity? OA. $752,000 B. $416,000 C. $296,000 OD. $712,000 This question: 3 point(s) possible