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On January 1, Gucci Brothers Inc. started the year with a $696,000 balance in Retained Earnings and a $607,000 balance in common stock. During the

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On January 1, Gucci Brothers Inc. started the year with a $696,000 balance in Retained Earnings and a $607,000 balance in common stock. During the year, the company reported net income of $94,000, paid a dividend of $14,800, and issued more common stock for $25,000. What is total stockholders' equity at the end of the year? Multiple Choice $1,303,000 $1,436,800 $1.407200 $1,357,200

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