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Nikron Corporation issued 17,000 shares of $0.50 par value common stock during the year for $34 each. Nikron also repurchased treasury stock for $25, 500.

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Nikron Corporation issued 17,000 shares of $0.50 par value common stock during the year for $34 each. Nikron also repurchased treasury stock for $25, 500. Net income for the year was $204,000. The company also paid cash dividends of $42, 500. What was the total change in Nikron's stockholders' equity for the year? $

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