Q 9.29: A corporation's December 31. 2014, balance sheet shows Common Stock of $1,000,000 and Retained Earnings of $300,000. During 2015, the company's cash budget projects sale of additional stock for $700,000 and dividends of $20,000. The budgeted income statement for the year ending December 31, 2015, shows net income of $50,000. Calculate the total stockholders equity on the budgeted balance sheet at December 31, 2015. A $2,030,000 B $1,700,000 $1.200,00 D $1.500,000 SUBMIT Confidence : Mark for Review