In the 1st year of operations, Parrott Enterprises had the following transactions in 2020: Issued 31,000 shares of common stock. Stock has par value of $1.00 per share and was issued at $20.00 per share: Earned net income of $70,000 Paid no dividends. At the end of 2020, what is total stockholders' equity? Select one: $70,000 b. $31,000 c. $690,000 d. $620,000