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Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had the following transactions= issued 40,000 shares of common stock at
Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had the following transactions= issued 40,000 shares of common stock at $45 per share. The par value per share is $1. purchased 3,000 shares of treasury stock at $25 per share had net income of $400,000. What is the total amount of stockholders' equity as of December 31 of the current year? OA. $1,875,000 OB. $1,800,000 OC. $2,200,000 OD. $2,125,000
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