Answer:
$178,000
Explanation:
The computation of the total stockholders' equity is shown below:
= Share capital + additional paid in capital - deficit balance in retained earnings
where,
Share capital = 19,000 shares × $3 = $57,000
Additional paid in capital = 19,000 shares × $11 = $209,000
And, the deficit balance in Retained Earnings is $88,000
Now put these values to the above formula
So, the value would be equal to
= $57,000 + $209,000 - $88,000
= $178,000
