At March 31, 2014, the Park Place Company Shows the Following

At March 31, 2014, the Park Place Company shows the following data on their balance sheet:
$$\begin{array} { | l | r | } \hline \text { Stockholders' equity } & \\\hline \begin{array} { l } \text { Common stock, } \$ 1 \text { par, } 1,000,000 \text { shares } \\\text { authorized, }\end{array} & \$ 120,000 \\\hline \begin{array} { l } 120,000 \text { shares is sued, } 110,000 \text { shares } \\\text { butstanding }\end{array} & \\\hline \text { Paid-in capital in excess of par } & 2,470,000 \\\hline \text { Retained earnings } & 5,440,000 \\\hline \text { Treasury stock, } 10,000 \text { shares at } \$ 25 & ( 250,000 ) \\\hline \text { Total stockholder's equity } & \$ 7,780,000 \\\hline\end{array}$$
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Assume that Park Place sells 900 shares of treasury stock at $32 per share. What will the total equity be after this transaction?

A) $7,751,200
B) $7,808,800
C) $7,780,900
D) $7,730,000