Wiley Hill opened Hill's Repairs on March 1 of the current year. During March, the following transactions occurred:1. Wiley invested $26,000 cash in the business in exchange for common stock. 2. Wiley contributed $101,000 of equipment to the business in exchange for common stock. 3. The company paid $2100 cash to rent office space for the month of March. 4. The company received $17,000 cash for repair services provided during March. 5. The company paid $6300 for salaries for the month of March. 6. The company provided $3100 of services to customers on account. 7. The company paid cash of $600 for utilities for the month of March. 8. The company received $3200 cash in advance from a customer for repair services to be provided in April. 9. The company paid $5100 in cash
dividends. Based on this information, the total amount of stockholders' equity reported on the balance sheet at the end of March would be:
A. $136,200.
B. $8300.
C. $127,800.
D. $133,000.
E. $14,500.
Answer: D
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