Presented below is the stockholders' equity section of Sunland Company at December 31, 2020 $880000 Common stock, par value $20; authorized 75.000 shares issued and outstanding 44000 shares Paid in capital in excess of par value Retained earnings 345000 506000 $1731000 During 2021, the following transactions occurred relating to stockholders equity: 3000 shares were reacquired at 528 per share 3100 shares were reacquired at $34 per share 1700 shares of treasury stock were sold at $30 per share. U For the year ended December 31, 2021, Sunland reported net income of $455000. Assuming Sunland accounts for treasury stock under the cost method, what should it report as total stockholders equity on its December 31, 2021, balance sheet? $2040600 52044100 52047600