The controller for Tires and More, Inc has recorded the following transactions during the month: the company was established by selling 10,000 shares of stock to the public for $20,000 on the 1st of the month; the company recorded $36,000 of revenue for tires and services provided during the month; and expenses of $22,000 were recorded for the month. Additionally, on the last day of the month the

company declared dividends of $2,000. What is the balance of Stockholders' Equity at the end of the month, and is the balance a debit or a credit?
A) $32,000 debit.
B) $32,000 credit.
C) $18,000 credit.
D) $36,000 debit.

B