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These account balances at December 31 relate to Sports Time Inc.: Accounts Payable $ 51,200 Preferred Shares, $0.01, Accounts Receivable 81,850 890,000 shares issued 89,000

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These account balances at December 31 relate to Sports Time Inc.: Accounts Payable $ 51,200 Preferred Shares, $0.01, Accounts Receivable 81,850 890,000 shares issued 89,000 Common Shares 71,400 593,000 Retained Earnings 3,700 Notes Receivable Bonds Payable 12,300 What is the total share capital for Sports Time Inc.? A. $682,000 B. $701,145 C. $753,400 D. $694,245 E. None of the above

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