Lerner. Inc. had the following transactions in 2017. its first year of operations: Issued 22.000 shares of common stock. The stock has a par value of $2.00 per share and was issued at $18.00 per share. Issued 1.100 shares of $200 par value preferred stock at par. Earned net income of $37,000. Paid no dividends. At the end of 2017. what is total stockholders' equity? $352,000 $264,000 $653,000 $616,000