Presented below is the stockholders' equity section of oaks corporation at december 31, 2012:
common stock, par value $20; authorized 75,000 shares; issued and outstanding 45,000 shares $ 900,000paid-in capital in excess of par value 250,000retained earnings 300,000$1,450,000during 2013, the following transactions occurred relating to stockholders' equity: 3,000 shares were reacquired at $28 per share.3,000 shares were reacquired at $35 per share.1,800 shares of treasury stock were sold at $30 per share.

for the year ended december 31, 2013, oaks reported net income of $450,000. assuming oaks accounts for treasury stock under the cost method, what should it report as total stockholders' equity on its december 31, 2013, balance sheet?

a. $1,765,000.
b. $1,761,400.
c. $1,757,800.
d. $1,315,000.

Colorado rocky cookie company offers credit terms to its customers. at the end of 2018, accounts receivable totaled $715,000. the allowance method is used to account for uncollectible accounts. the allowance for uncollectible accounts had a credit balance of $50,000 at the beginning of 2018 and $30,000 in receivables were written off during the year as uncollectible. also, $3,000 in cash was received in december from a customer whose account previously had been written off. the company estimates bad debts by applying a percentage of 15% to accounts receivable at the end of the year. 1. prepare journal entries to record the write-off of receivables, the collection of $3,000 for previously written off receivables, and the year-end adjusting entry for bad debt expense.2. how would accounts receivable be shown in the 2018 year-end balance sheet?