On January 3, 2020, Serrato Corp. issued 40,000 shares of $10 par value common stock for $11 per share. Which of the following statements is true?

(A)The Common Stock account will increase by $440,000.

(B)The Cash account will increase by $400,000.

(C)Total stockholders' equity will increase by $400,000.

(D)The Additional Paid-in Capital account will increase by $40,000.

At the end of the accounting period, the general ledger of Zacks Skateboards had the following balances: Common Stock, $45,000; additional paid-in capital, $81,000; retained earnings, $336,000; and treasury stock, $18,000. What is the total amount of stockholders' equity?

(A)$126,000

(B) $336,000

(C) $462,000

(D) $444,000