The following partial information was collected from a company's statement of stockholders' equity for the period January 1 to December 31 . Assume the only equity accounts are common stock and retained earnings. - Retained Earnings on January 1: \$99,000 - Total Stockholders' Equity on January 1: $179,500 - Common stock issued during the year: $30,400 - Net income during the year: $30,600 - Dividends paid during the year: $69,600 Solve for the balance of Common Stock on December 31. $21,000 $140,500 $80,500 $60,000 $110,900