Ne Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had the following transactions: • issued 90,000 shares of common stock at $35 per share. The par value...

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Extracted text: Ne Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had the following transactions: • issued 90,000 shares of common stock at $35 per share. The par value per share is $1 • purchased 2,000 shares of treasury stock at $24 per share • had net income of $400,000. What is the total amount of stockholders' equity as of December 31 of the current year? .... O A. $3,150,000 O B. $3,550,000 O C. $3,502,000 O D. $3,198,000 MacBook Air