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Houghton Company has the following items: common stock, $900,000; treasury stock, $105,000; defend taxes, $125,000 and retained earnings, $390,000. What total amount should Houghton Company

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Houghton Company has the following items: common stock, $900,000; treasury stock, $105,000; defend taxes, $125,000 and retained earnings, $390,000. What total amount should Houghton Company report stockholders' equity? $1, 060,000. $1, 185,000. $1, 310,000. $1, 395,000

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