Multiple Choice Question 155

Bonita Consulting started the year with total assets of $60900 and total liabilities of $14900. During the year, the business recorded $48900 in catering revenues and $29200 in expenses. Bonita issued stock of $8900 and paid dividends of $14700 during the year. Stockholders' equity changed by what amount from the beginning of the year to the end of the year?

A. $46000.

B. $2700.

C. $11200.

D. $13900.