Before the Journal Entry to Record Income Tax and Before

Before the journal entry to record income tax and before the closing entries were recorded at the end of the accounting period (December 31, 20X4) , the following data were taken from the accounts of Buynow Corporation: $$\begin{array} { | l | r | } \hline \text { Capital shares (20,000 shares issued) } & \$ 215,000 \\\hline \text { Retained earnings, balance December 31, 20X3 } & 80,000 \\\hline \text { Revenues earned during 20X4 } & 400,000 \\\hline \text { Expenses (excluding income tax) incurred during 20X4 } & 320,000 \\\hline \text { Cash dividends declared and paid (during 20X4) } & 30,000 \\\hline \text { Treasury shares (1,000 shares at cost) } & 17,000 \\\hline \text { Average income tax rate, 30\% } & \\\hline\end{array}$$ What is the total amount of shareholders' equity that should be reported on the statement of financial position dated December 31, 20X4?

A) $96,000
B) $128,000
C) $300,000
D) $304,000