These account balances at December $31$ relate to SportFest Inc.:

Accounts Payable.

$ $51,900$ Preferred Shares, $$0\mathrm{.}01,$

Accounts Receivable

$81,550870,000$ shares issued

$87,000$

Common Shares

$600,000$ Retained Earnings

$71,900$

Bonds Payable $.$

$3,900$ Notes Receivable

$12,300$

What is total shareholders' equity for SportFest Inc.?

A$.$ $$763,900$

B$.$ $$771,200$

C$.$ $$769,635$

D$.$ $$758,900$

E$.$ None of the above