Gulf Waterworks Corporation provides plumbing services. Transactions during the first year of operations are given below.\ a) Received $ 7 comma 000$7,000 cash and issued common stock to Jason Robinson.\ b) Paid $ 3 comma 000$3,000 cash for equipment to be used for plumbing repairs.\ c) Borrowed $ 26 comma 000$26,000 from a local bank and deposited the money in the checking account.\ d) Paid $ 800$800 rent for the year.\ e) Purchased $ 1 comma 300$1,300 of office supplies on account.\ f) Completed a plumbing repair project for a local lawyer and received $ 3 comma 400$3,400 cash.\ Calculate the amount of total stockholders' equity at the end of the first year after recording the transactions. Assume office supplies of $ 1 comma 300$1,300 are left at the end of the year.