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Clarist Inc. issued 40,000 shares of $3 par common stock at $15.05 per share at the start of the year. In the last month of
Clarist Inc. issued 40,000 shares of $3 par common stock at $15.05 per share at the start of the year. In the last month of the year, they bought back 100 common shares to use as holiday bonuses paying $20.65 per share for the repurchased shares. Retained earnings at year end is $31,000. There are no preferred shares. What is the total equity at year end? Respond rounded to whole dollars, without a dollar sign and without commas. Your
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