Davis Corporation began the year with 1,150,000 in Retained Earnings. During the year, Net Income of 475,000 was earned and Dividends of 112,000 were declared and paid. What is Ending Retained Earnings?

Using your answer to the previous question, and assuming 3,000,000 of paid in capital and 300,000 of additional paid in capital, what would be total Stockholders' Equity for Davis Corporation?