From the following information, determine the total stockholders' equity ending balance. $\begin{array}{ll}
\text { Dividends } & \$ 8,000 \
\text { Ending R et ained Earnings } & 24,000 \
\text { Net Income } & 14,000 \
\text { Paid-in C apital, beginning } & 29,000 \
\text { Paid-in C apital, ending } & 26,000
\end{array}$
A) $53,000
B) $101,000
C) $50,000
D) $32,000

Question

Quizplus · Accepted Answer

The ending retained earnings is $24,000 and the ending paid-in capital is $26,000. Total stockholders' equity is the sum of these two amounts: $24,000 + $26,000 = $50,000.

From the Following Information, Determine the Total Stockholders' Equity Ending