Olmsted Company has the following items: common stock, $720,000; treasury stock, $85,000; deferred taxes, $100,000 and retained earnings, $363,000.

October 31, 2020/in Business and Finance 2 /by Brainy

Olmsted Company has the following items: common stock, $720,000; treasury stock, $85,000; deferred taxes, $100,000 and retained earnings, $363,000. What total amount should Olmsted Company report as stockholders’ equity?A) $898,000.B) $1,198,000.C) $998,000.D) $1,098,000.