Fran is preparing the balance sheet for her company. Common stock and retained earnings are both classified as stockholders equity, and each has a value of $44,000. How should Fran list this information on the balance sheet?

A :

Common stock and retained earnings should be listed individually at $44,000 each but do not need to be summed.

B :

Common stock and retained earnings should be listed together at $88,000 total, and detailed information should be provided in the notes.

C :

Common stock and retained earnings should be listed individually at $44,000 each and summed on a separate line.

D :

Common stock and retained earnings should be listed together at $88,000 total but do not need detailed notes provided.