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Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had...

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Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had the following transactions - issued 50.000 shares of common stock at $25 per share. The par value per share is $1 purchased 2,000 shares of treasury stock at $28 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. $1,306,000 OB. $1,250,000 OC. $1,650,000 OD. 51,594,000

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