The following table contains financial information for Trumpter's Inc.before closing entries: 
What is the amount of Trumpter's total stockholders' equity?
Definitions:
Perpetual inventory system
An inventory management approach where stock levels are updated continuously as transactions occur.
LIFO inventory cost method
An inventory valuation method that assumes the last items acquired are the first to be sold, affecting cost of goods sold and ending inventory.
Cost of merchandise sold
The total cost of acquiring or manufacturing the products that were sold to customers during a period.
Perpetual system
An inventory accounting system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Q2: External transactions are transactions the firm conducts
Q11: Amounts owed to suppliers,workers,governments,and utility companies are
Q82: Transactions related to the primary business activities
Q109: Which of the following is not possible
Q126: Describe the procedures used to reconcile a
Q136: A company overstated its ending inventory balance
Q138: When a company makes an end-of-period adjusting
Q143: Expenses are shown in which of the
Q148: Operating cash flows would exclude:<br>A)Payment of employee
Q153: The primary purpose(s)of financial accounting is (are)to:<br>A)Measure