During its first month of operations, Daisy Company (1) borrowed $400,000 from a bank, and then (2) purchased an equipment costing $160,000 by paying cash of $80,000 and signing a long term note for the remaining amount. During the month, the company also (3) purchased inventory for $120,000 on credit, (4) performed services for clients for $240,000 on account, (5) paid $60,000 cash for accounts payable, and (6) paid $120,000 cash for utilities. What is the amount of Stockholders equity at the end of the month?