Taft Rafters Corporation has issued 10,000 shares of 4%, $50 par value preferred stock that was sold at par. The company also issued 100,000 shares of S par value common stock that has a paid-in capital in excess of par of $171,000. The retained earnings is $720,000. What is the total stockholder's equity? $720,000 $891,000 $1,391,000 O None of the Above.

Taft Rafters Corporation has issued 10,000 shares of 4%,$50 par value preferred stock that was sold at par. The company also issued 100,000 shares of par value common stock that has a paid-in capital in excess of par of $171,000. The retained earnings is $720,000. What is the total stockholder's equity $720,000 $891.000 $1,391,000 None of the Above