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Ioanna Corporation was organized on January 1, 2019, with an authorization of 2,000,000 shares of $30 par value common stock. During 2019, Ioanna had the

Ioanna Corporation was organized on January 1, 2019, with an authorization of 2,000,000 shares of $30 par value common stock. During 2019, Ioanna had the following common stock transactions:

Jan. 4: Issued 100,000 shares @ $36 per share.

Apr. 8: Issued 200,000 shares @ $42 per share.

June 9: Issued 60,000 shares @ $60 per share.

July 29: Purchased 40,000 shares (treasury) @ $60 per share.

Ioanna had no other transactions affecting stockholders equity.

At December 31, 2019, what is the total amount of stockholders equity?

Group of answer choices

$ 8,400,000

$13,200,000

$ 18,000,000

$ 9,600,000

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