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Orlando Corporation incorporated on January 2 of the current year During the year, Orlando had the following transactions . issued 60,000 shares of common stock
Orlando Corporation incorporated on January 2 of the current year During the year, Orlando had the following transactions . issued 60,000 shares of common stock at $25 per share. The par value per share is $1 . purchased 2,000 shares of treasury stock at $28 per share . had net income of $400,000 SAT What is the total amount of stockholders' equity as of December 31 of the current year? OA. $1,500 000 B. $1,844,000 O C. $1,556,000 O D. $1,900,000
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