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Caraway Co. summarized select account balances on December 31, 2020, and activity for 2020 in the following table. Retained earnings, beginning balance $150,000 Common stock,

  1. Caraway Co. summarized select account balances on December 31, 2020, and activity for 2020 in the following table.

    Retained earnings, beginning balance

    $150,000

    Common stock, $1 par, 100,000 shares authorized, 50,000 shares issued

    50,000

    Treasury stock, 1,000 shares

    10,500

    Paid-in capital in excess of par

    540,000

    Accumulated other comprehensive income (credit)

    25,000

    Investment in stock

    100,000

    Bonds payable

    50,000

    Net income for 2020 (not included in retained earnings above)

    22,000

    Dividends declared and paid during 2020 (not included in retained earnings above)

    5,000

    Noncontrolling interests

    4,500

    Based on the information provided, what is total stockholders equity on December 31, 2020?

    a.

    $797,000

    b.

    $807,000

    c.

    $776,000

    d.

    $786,000

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