PT Corporation has the following accounts and balances for the end of the period (assume all Balance sheet accounts are listed below):

Accounts Payable $19,000

Long Term Note Payable $70,000

Sales $50,000

Operating Expenses $17,000

Cash $28,000

Inventory $29,000

Machinery $110,000

Accum Depr (Machinery) $21,000

Common Stock $45,000

Preferred Stock ?

Retained Earnings ?

COGS $10,000

Accounts Receivable $20,000

What is the amount of PT's Total Stockholders Equity

a. $119,000

b. $55,000

c. $32,000

d. $121,000

e. $77,000

f. $68,000