Randys Landscaping Company has compiled the following list of account balances of various assets, liabilities, revenues and expenses on December 31, 2019, the end of its first year of operations.

Common stock	12,600
Accounts payable	2,500
Salary expense	4,500
Repairs expense	800
Dividends	5,000
Truck	8,500
Equipment	6,300
Notes payable	8,200
Cash	17,600
Supplies expense	1,600
Service revenue	21,800
Gasoline expense	800

The stockholders equity for Randys Landscaping on December 31, 2019 is:

Select one:

a. $27,700

b. $22,500

c. $22,600

d. $21,700