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The following table contains financial information for Trumpeter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expense Dividends Accounts

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The following table contains financial information for Trumpeter Inc. before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expense Dividends Accounts Payable Common Stock Retained Earnings $12,000 4,500 2,000 4,500 65,000 30,000 20,000 3,000 5,000 68,000 8,000 What is the amount of Trumpeter's total stockholders' equity? Multiple Choice $78,500 O $83,500 $5,000 $68,500

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