Kagan Corporation was organized on January 2, 2014. During 2014, Kagan issued 40,000 shares at $24 per share, purchased 6,000 shares of treasury stock at $26 per share, and had net income of $600,000. What is the total amount of stockholders' equity at December 31, 2014 Miller Corporation issued 6000 shares of its $5 par value common stock in payment for attorney services billed at $54,000. Miller Corporation's stock has been actively trading at $9 per share. The journal entry for this transaction would include a credit to