Answer:
Stock holder's equity in 2017 is $1,680,000
Explanation:
Given:
Common stock = $600,000
Paid in capital = $800,000
Retained earnings = $350,000 that is (200,000 + 150,000)
Stock holders' account credited = 600,000 + 800,000 + 350,000
= $1,750,000
Treasury stock cost = $50,000
Unrealized loss on non-current marketable equity securities = $20,000
Total stockholders' account debited = 50,000 + 20,000
= $70,000
Balance of stockholders' equity as on 31 December 2017 = 1,750,000 - 70,000
= $1,680,000
