Checker Corporation had the following balances in its stockholders' equity accounts at December 31, 2019: $200,000 250,000 Common Stock. $10 par. 50,000 shares authorized, 20.000 shares issued Contributed Additional Paid-in Capital Value, Common Stock Retained Earnings Treasury Stock. 1,000 shares Total Stockholders' Equity 500,000 (20.000 $930,000 The following transactions occurred during 2020: January 3 April 15 October 8 December 31 Sold and issued 4,000 shares of common stock for $24 per share Declared dividends in the amount of $14,000 Sold 400 shares of the treasury stock for $20 per share. Net income for the year was determined to be $74,000 QUESTION: At December 31, 2020, the balance in Common Stock will be a) $240,000 Ob) $250,000 Oc) $200,000 d) $260,000