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Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had the following transactions - Issued 20,000 shares of common slock

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Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had the following transactions - Issued 20,000 shares of common slock at $25 per share. The par value per share is $1 - Purchased 1,000 shares of treasury stock at $27 per share - No dividends were declared during the year - Tho net income of $400,000 What is the total amount of stockholders' equity as of December 31 of the current year? A. $900,000 A 5527000 C. $500.000 D. $873,000

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