The following information is provided for Sacks Company before closing entries.

Cash $ $13,000$

Supplies $5,500$

Prepaid rent $3,000$

Salaries expense $5,500$

Equipment $66,000$

Service revenue $34,000$

Miscellaneous expenses $21,000$

Dividends $4,000$

Accounts payable $6,000$

Common stock $69,000$

Retained earnings $12,500$

What is the amount of total shareholders' equity?

Multiple Choice

$$6,000$

$$69,500$

$$81,500$

$$87,500$