BITCOIN Ltd. began business on 20-Jan-2000 by issuing all of its 100,000 $1 par value authorized shares of common stock at $6 per share. On June 30, BITCOIN Ltd. declared a cash dividend of $2.75 per share. On Nov 1, BITCOIN Ltd. reacquired 20,000 of its own shares for $10 per share. On December 22, BITCOIN Ltd. resold 10,000 of these shares for $12 per share. 

Compute the amount of total stockholders' equity as at 31 December 2016 assuming that the net income for the year was $275,000.