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CVS Health Corp. had the following transactions during January, the first month of its operations: - 1ssued 20,000 shares of common stock in exchange for

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CVS Health Corp. had the following transactions during January, the first month of its operations: - 1ssued 20,000 shares of common stock in exchange for $280,000. - Purchased equipment for $560,000, using a $140,000 cash down payment and signing a note payable for the balance. - Received $3,500 from a customer for services to be performed in February. - Made a $42,000 payment on the note payable from the purchase of the equipment. - Total monthly sales: Cash sales $105,000 Credit Sales (Acct. Receivable): $50,400 - Purchased supplies on credit for $44,800. - Collected \$16,800 from customers on account. - Paid \$3,500 for January employee wages. - Received a utility bill for $1,300 which will be paid next month. What is Total Stockholders' Equity at the end of January? Select one: a. $434,100 b. $430,600 c. $326,900 d. $381,500 e. $178,600

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