On March 31, 2018, Water Front, Inc. shows the following data on its balance sheet: Stockholders' Equity Common Stock, $1.00 Par, 1,020,000 shares authorized 200,000 shares issued, 110,000 shares outstanding $200,000 Paid In Capital in Excess of ParCommon 2,550,000 Retained Earnings 4,730,000 Treasury stock, 10,000 shares at $37.00 (370,000) Total Stockholder's Equity $7,110,000 Assume that Water Front sells 1,200 shares of treasury stock at $38.00 per share. What is total stockholders' equity after this transaction? A. $7,064,400 B. $7,108,800 C. $7,111,200 OD. $7,155,600