Sunland Company began the year 2022 with $121000 in its Common Stock account and a debit balance in Retained Earnings of $51800. During the year, the company earned net income of $25900, and declared and paid $8600 of dividends. In addition, the company sold additional common stock amounting to $31700. Based on this information, what should the transaction analysis show for total stockholders' equity at the end of 2022
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Home » Business » Sunland Company began the year 2022 with $121000 in its Common Stock account and a debit balance in Retained Earnings of $51800. During the year, the company earned net income of $25900, and declared and paid $8600 of dividends.