At the end of the accounting period, Houston Company had $12,000 of par value common stock issued, additional paid-in capital in excess of par value - common of $11,000, retained earnings of $12,000, and $4,000 of treasury stock. The total amount of stockholders' equity is:

A. $19,000.
B. $39,000.
C. $31,000.
D. $37,000.


Answer: C

Business

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