Presented below is information related to Prentice Corporation:

Common Stock, $1 par $3,500,000

Paid-in Capital in Excess of ParCommon Stock 650,000

Preferred 8 1/2% Stock, $50 par 2,000,000

Paid-in Capital in Excess of ParPreferred Stock 500,000

Retained Earnings 1,500,000

Treasury Common Stock (at cost) 250,000

The total stockholders' equity of Prentice Corporation is

a.$8,400,000.

b.$7,900,000.

c.$7,000,000.

d.$6,450,000.