Answer:
The correct answer would be $327,300.
Explanation:
In order to calculate end of year stockholders equity following equation is used.
Stockholders equity = Year end common stock + year end retained earnings - treasury stocks.
Since, there are no treasury stocks in this case, we just need to get year end common stock value and retained earnings.
To calculate year end stock value we just add beginning balance of stock to any other stock issuance value during the year which in this case would be:
105,000 + 24,000 = 129,000
Whereas, to calculate year end retained earnings, we take beginning balance add net income and subtract any dividend paid. Calculation in this case would be:
175,400 + 33,400 - 10,500 = 198,300
So, stockholder equity = 129,000 + 198,300 = 327,300.