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Elisa Company compiled the following financial information as of December 31, 2017: Service revenue $840,000 Common stock 180,000 Equipment 240,000 Operating expenses 750,000 Cash 210,000

Elisa Company compiled the following financial information as of December 31, 2017:

Service revenue $840,000

Common stock 180,000

Equipment 240,000

Operating expenses 750,000

Cash 210,000

Dividends 60,000

Supplies 30,000

Accounts payable 120,000

Accounts receivable 300,000

Retained earnings, 1/1/17 450,000

Elisas stockholders equity on December 31, 2017 is

Question 29 options:

$720,000.

$630,000.

$480,000.

$660,000.

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