Question: Can you help me solve this general accounting problem using the correct accounting process? The stockholders' equity of Willow Corporation at the beginning of March

Can you help me solve this general accounting problem using the correct accounting process?

The stockholders' equity of Willow Corporation at the beginning of March 2023 was $650,000. During the month, the company earned a net income of $120,000 and paid dividends of $40,000. What is the amount of stockholders' equity at the end of March 2023? a. $730,000 b. $810,000 c. $770,000 d. $690,000

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