(C) $26,094.045 D) $26,086,540 3. Presented below is the stockholders' equity section of Oaks Corporation at December 31, 2017: Common stock, par value $20; authorized 75,000 shares; issued and outstanding 45,000 shares Paid-in capital in excess of par value $ 900,000 350,000 Retained earnings During 2018, the following transactions occurred relating to stockholders' equity: 3,000 shares were reacquired at $28 per share. 3,000 shares were reacquired at $35 per share. 1,800 shares of treasury stock were sold at $30 per share. For the year ended December 31, 2018, Oaks reported net income of $450,000. Assuming Oaks accounts for treasury stock under the cost method, what should it report as total stockholders' equity on its December 31, 2018, balance sheet? A) $2,065,000. B) S2,061,400. C) $2,057,800. D) $1,615,000