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A company began the year with $84,000 in its common stock account and a credit balance in retained earnings of $36,000.During the year, the company
A company began the year with $84,000 in its common stock account and a credit balance in retained earnings of $36,000.During the year, the company earned net income of $24,000 and declared and paid $6,000 of dividends.In addition, the company sold additional common stock amounting to $22,000.What is the ending total stockholders' equity?
$54,000
$166,000
$106,000
$160,000
$138,000
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