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Houghton Company has the following items: common stock, $900,000; treasury stock, $105,000; paid-in capital in excess of par 125,000; deferred taxes, $125,000, accumulated other comprehensive
Houghton Company has the following items: common stock, $900,000; treasury stock, $105,000; paid-in capital in excess of par 125,000; deferred taxes, $125,000, accumulated other comprehensive income, $85,000, and retained earnings, $390,000. What total amount should Houghton Company report as stockholders equity?
$1,060,000. | ||
$1,185,000. | ||
$1,310,000. | ||
$1,395,000. |
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