Refer to Ladder Distributors. What is the total amount of stockholders' equity that will be presented on the company's March 31, 2015, balance sheet?

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The total amount of stockholders' equity is the sum of the common stock, additional paid-in capital, and retained earnings. As of March 31, 2015, the company has $1,000,000 of common stock, $340,000 of additional paid-in capital, and $372,000 of retained earnings. Therefore, the total amount of stockholders' equity is $1,000,000 + $340,000 + $372,000 = $1,340,000.