Crusoe Waterworks Corporation provides plumbing services. Transactions of Crusoe Waterworks during the first year of operations are given below.

a) Received $4,000 cash and issued common stock to Robinson.

b) Paid $3,000 cash for equipment to be used for plumbing repairs.

c) Borrowed $27,000 from a local bank and deposited the money in the checking account.

d) Paid $900 rent for the year.

e) Purchased $1,000 of office supplies on account.

f) Completed a plumbing repair project for a local lawyer and received $3,200 cash.

Calculate the amount of total stockholders' equity after recording the transactions. Assume office supplies of $1,000 are left at the end of the year.

A) $6,300

B) $3,200

C) $4,000

D) $27,000