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

Question

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Stockholders' equity is calculated as: Par value of common stock ($12,000) + Additional paid-in capital ($11,000) + Retained earnings ($12,000) - Treasury stock ($4,000) = $31,000.

At the End of the Accounting Period,Houston Company Had $12,000