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5.At the beginning of the year, Fourman Company's assets were $270,000 and its owner's equity was $201,000. During the year, assets increased by $35,000 and

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5.At the beginning of the year, Fourman Company's assets were $270,000 and its owner's equity was $201,000. During the year, assets increased by $35,000 and liabilities increased by $10,000. What was owner's equity at the end of the year? a. $176,000 b. $446,000 C. $516,000 d. $226,000

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