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7 pts Question 5 At the beginning of the year, a company had owners' equity of $54,660. During the year, net income was $7,350 and

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7 pts Question 5 At the beginning of the year, a company had owners' equity of $54,660. During the year, net income was $7,350 and the company paid dividends of $3,500. The company also repurchased $4,000 in equity. What was the owners' equity account at the end of the year? O $62,510 O $58,510 O $54,510 O $53,850 O $55,300 Previous Next >

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