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

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


Answer: A

Business

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