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On March 31, 2024, Water Front, Inc. shows the following data on its balance sheet Stockholders' Equity Common Stock, $1 Par, 1,180,000 shares authorized

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On March 31, 2024, Water Front, Inc. shows the following data on its balance sheet Stockholders' Equity Common Stock, $1 Par, 1,180,000 shares authorized 250,000 shares issued, 240.000 shares outstanding Paid-In Capital in Excess of Par-Common Retained Earnings Treasury stock, 10,000 shares at $26 Total Stockholders' Equity $250,000 2,560,000 4,750,000 (260,000) $7,300,000 Assume that Water Front sells 1,300 shares of treasury stock at $38 per share. What is total stockholders' equity after this transaction? OA. $7,349,400 OB. $7,315,600 OC. $7,284,400 OD. $7.250,600 A

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