At the start of 2016, on 1 January 2016, the company’s total equity stood at $56000$. During the year, the company earned a profit of $13000$, and it paid out a dividend of $2000$. By the end of the year, $5000$ had been moved to the general reserve, and the directors recommended a final dividend of $4000$. What was the total equity on 31 December 2016?
- A$58000$
- B$62000$
- C$67000$
- D$68000$