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A company began the year with $122,000 in its Common Stock account and a credit balance in Retained Earnings of $44,000. During the year, the
A company began the year with $122,000 in its Common Stock account and a credit balance in Retained Earnings of $44,000. During the year, the company earned net income of $64,000 and declared and paid $13,000 of dividends. In addition, the company sold additional common stock amounting to $28,000. Based on this information, what is the ending total of stockholders' equity? O $95.000 $258,000 O $150,000 O $217,000 $245,000
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