Hoosier Inc. is a new company that started operations in $2024.$ At the beginning of the year, the company

borrowed $$10,000$ and issued shares of common stock for $$50,000.$ The company earned $$75,000$ in net

income during the year and paid $$5,000$ in dividends. What was total Stockholders' Equity at the end of

$2024?$

$$135,000$

$$75,000$

$$120,000$

$$50,000$