Karl Corporation was organized on January 2, 2019. During 2019, Karl issued 40,000 shares at $24 per share, purchased 6,000 shares of treasury stock at $26 per share, and had net income of $600,000. What is the total amount of stockholders' equity at December 31, 2019? O $1,280,000 O $1,416,000 O $1,440,000 O $1,404,000