Precision Camera Services started the year with total assets of $120, 000 and total liabilities of $55, 000. The revenues and the expenses for the year amounted to $130, 000 and $90, 000, respectively. During the year, the company did not issue any common stock, but in distributed dividends of $40, 000. What is the amount of stockholders' equity at the end of the year? $90, 000 $130, 000 $65, 000 $40, 000