Tiger Company’s stockholders’ equity at the beginning of the year was $193,000. During the year Tiger reported the following:

Net income of $97,000.
Dividend declarations totaling $18,800.
Issued stock to stockholders in exchange for $51,000 cash.
Stockholders sold some of their stock to other stockholders for $12,800 cash.
What is Tiger’s stockholders’ equity at the end of the year?
$341,000
$322,200
$316,200
$335,000