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Bonita Corporation was organized on January 2 , 2 0 2 0 . During 2 0 2 0 , Bonita issued 3 9 3 0

Bonita Corporation was organized on January 2,2020. During 2020, Bonita issued 39300 shares at $24 per share, purchased 6400
shares of treasury stock at $26 per share, and had net income of $595000. What is the total amount of stockholders' equity at
December 31,2020?
$1407800
$1247800
$1371800
$1384600
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