Benjamin Stone opened Stones Repairs on March 1 of the current year. During March, the following transactions occurred and were recorded in the companys books:

1. Benjamin, the sole stockholder, invested $25,000 cash in the business in exchange for common stock.
2. Benjamin contributed $100,000 of equipment to the business in exchange for common stock.
3. The company paid $2,000 cash to rent office space for the month of March.
4. The company received $16,000 cash for repair services provided during March.
5. The company paid $6,200 for salaries for the month of March.
6. The company provided $3,000 of services to customers on account.
7. The company paid cash of $500 for utilities for the month of March.
8. The company received $3,100 cash in advance from a customer for repair services to be provided in April.
9. The company paid Benjamin $5,000 cash as a dividend.

Based on this information, total stockholders equity reported on the balance sheet at the end of March would be: