Question - Based on the following account balances, what is the total shareholders' equity?
Common Shares........................................................... $600,000
Stock Dividends Distributable....................................... 40,000
Retained Earnings......................................................... 190,000
Preferred Shares........................................................... 20,000
Dividends Payable........................................................ 30,000
(a) $620,000
(b) $800,000
(c) $820,000
(d) $850,000