Molsen Corporation begins operations on March 1, 2014 and records the following 7 transactions during the month. 1. March 1, 2014. The company issues 10,000 shares of $10 par value common stock for $100,000 cash. 2. March 5, 2014. The company purchases equipment costing $60,000 for cash. The equipment will be depreciated over a three-year period and has an expected salvage value of $10,000. 3. March 15, 2014. The company purchases merchandise costing $15,000 from a supplier on account 4. March 21, 2014. The company pays $8,000 in cash of the amount due to the supplier in transaction #3. 5. March 21, 2014. The supplier in transaction #3 accepts 700 shares of common stock at par value in settlement of the $7,000 amount owed. 6. March 31, 2014. The company pays $600 for a one-year Insurance policy. The insurance coverage will begin on April 1, 2014 7. March 31, 2014. The company receives $3,000 from a customer for merchandise to be delivered during April What is the balance in the company's stockholders' equity account on March 31, 2014? O a. $110,000 O b. 5107,000 OC. $105,000 d. $100,000