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The following information is from Avalanche Corp.: At the end of 2016, Avalanche Corp. has the following Stockholders Equity balances: Retained Earnings = $18,055 Common
The following information is from Avalanche Corp.: At the end of 2016, Avalanche Corp. has the following Stockholders Equity balances:
Retained Earnings = $18,055
Common Stock = $12,00
During 2017, Avalanche Corp. earned total revenues of $25,620 and incurred total expenses of $23,805. Also during 2017, Avalanche Corp. issued an additional $3,500 worth of common stock and paid cash dividends of $730. Assuming there were no other transactions, what will be the balance of total Stockholders Equity at the end of 2017?
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