PT Corporation has the following accounts and balances for the end of the period (assume all Balance sheet accounts are listed below):

PT Corporation has the following accounts and balances for the end of the period (assume all Balance sheet accounts are listed below):

Accounts Payable$19,000

Long Term Note Payable$70,000

Sales$50,000

Operating Expenses$17,000

Cash$28,000

Inventory$29,000

Machinery$110,000

Accum Depr (Machinery)$21,000

Common Stock$45,000

Preferred Stock?

Retained Earnings?

COGS$10,000

Accounts Receivable$20,000

What is the amount of PT's Total Stockholders Equity

a. $119,000

b. $55,000

c.$32,000

d.$121,000

e. $77,000

f. $68,000