Roberto Designers was organized on January 1, 2024. The firm was authorized to issue 190,000 shares of $5 par value common stock. During 2024, Roberto had the following transactions relating to stockholders' equity:

Issued 19,000 shares of common stock at $7 per share.

Issued 38,000 shares of common stock at $8 per share.

Reported a net income of $190,000.

Paid dividends of $95,000.

Purchased 2,500 shares of treasury stock at $10 (part of the 38,000 shares issued at $8).

What is total stockholders' equity at the end of 2024?

Multiple Choice

$944,000

$545,000

$507,000

$1,134,000