s. On January I, Gueci Brothers Ine, started the year with a $492,000 balance in Retained Eamings and a $605,000 balance in Common Stock. During the year, the company reported net income of 592,000, paid a dividend of s1s,200, and issued more common stock for $27,500. What is total stockholders' equity at the end of the year? A. $1,231,700. B. $1,097,000. C. $1,201,300. D. $1,588,300. 6. Below are the account balances for Huffiman Corporation at the end of December. Use only the appropriate accounts to prepare an income statement. Accounts Cash Salaries expense Retained earnings Advertising expense Equipment Balances $5,200 2,300 2,500 1,200 12,400 7,000 19,400 8,000 2,200 Rent expense Service revenue Common stock Accounts payable Huffman Corporation Income Statement For the year ended December 31