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Houston Company has the following items: common stock, $900,000; treasury stock, $105,000; note payable, $125,000; additional paid-in capital $100,000, and retained earnings, $390,000. What total

Houston Company has the following items: common stock, $900,000; treasury stock, $105,000; note payable, $125,000; additional paid-in capital $100,000, and retained earnings, $390,000. What total amount should Houston Company report as stockholders equity?

$1,185,000.

$1,285,000.

$1,395,000.

$1,495,000.

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