Use the following information to determine the amount that should be reported as total Stockholders' equity on the balance sheet dated December 31, 2021. Common stock $50,000 Treasury stock Dividends 8,000 Revenues $12,500 1,250,000 Income from operations of Operating expenses 400,000 discontinued component (pretax) 5,500 Retained earnings, Dec. 31, 2020 420,000 Cost of goods sold 625,000 Use 25% as the tax rate. Hint calculate Net Income first then ending retained earnings O $471,500 O $622,375 O $685,000 O $630,375