On March 31, 2015, the Park Place Company Shows the Following

On March 31, 2015, the Park Place Company shows the following data on their balance sheet: $\begin{array}{c}\begin{array}{|l|}\hline \text {Stockholders'equity}\\\hline \text {Common stock, \( \$ 1.00 \) par, 1,000,000 shares authorized, }\\ \text {120,000 shares issued ,110,000 shares outstanding}\\\hline \text {Paid-in capital in excess of Par-Common}\\\hline \text {Retained earnings}\\\hline \text {Treasury stock, } 10,000 \text { shares at } \$ 25\\ \hline \text {Total stockholder's equity}\\\hline\end{array}\begin{array}{|r|}\hline\\\hline\\\$ 120,000 \\\hline 2,470,000 \\\hline4,660,000 \\\hline(250,000) \\\hline \$ 7,000,000 \\\hline\end{array}\end{array}$
Assume that Park Place sells 900 shares of treasury stock at $32 per share. What will the total stockholders' equity be after this transaction?

A) $7,751,200
B) $7,028,800
C) $7,080,900
D) $7,030,000