point(s) possible August, Inc had the following transactions in 2024, its first year of operations * Issued 22,000 shares of common stock. The stock has a par value of $4.00 per share and was issued at $16.00 per share. Issued 1.500 shares of $200 par value preferred stock at par Earned net income of $35,000 Pald no dividends At the end of 2024 what is total stockholders' equity? sign ent signi O A. $264.000 OB. $388,000 O C. 5687.000 OD. $652,000 pleted Assignments (0) "No Commen course (2021FLACCT-2301-50005) is based on Miller Nobles/Mattson: Horngren's Financial Managerial Accounting, 7e of Use Privacy Policy Copyright 2021 Pearson Education Inc. All Rights Reserved