K Corp had the following transactions in 2024, its first year of operations:

Issued 30,000 shares of common stock. The stock has a par value of $1.00 per share and was issued at $16.00 per share.

Issued 1,300 shares of $180 par value preferred stock at par.

Earned net income of $39,000.

Issued a $10,000 dividend.

At the end of 2024, what is total stockholders' equity?