Weaver Corporation Was Organized on January 1,2013,at Which Date It

Weaver Corporation was organized on January 1,2013,at which date it issued 100,000 shares of $10 par common stock at $15 per share.During the period January 1,2013,through December 31,2015,Weaver reported net income of $450,000 and paid cash dividends of $230,000.On January 10,2015,Weaver purchased 6,000 shares of its common stock at $12 per share.On December 31,2015,Weaver sold 4,000 treasury shares at $8 per share.Weaver uses the cost method of accounting for treasury shares.What is Weaver's total stockholders' equity on December 31,2015?

A) $1,720,000
B) $1,704,000
C) $1,688,000
D) $1,680,000