The following accounts appear in the Ledger of Pepper corporation on December 31, 20x5

Preferred stock. 60,000 Common stock. 104,000 Additional paid in capital preferred. 14, 000 Additional paid in capital, common. 36,000 retained earnings. 80,000

A balance sheet prepared on December 31, 20x5, would report total stockholders equity of

A.164,000 B. 178,000 C 214,000 D. 294,000