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A company has beginning equity of $257,000, allocated between contributed capital of $225,000 and earned capital of $32,000. During the year the company recognized net
A company has beginning equity of $257,000, allocated between contributed capital of $225,000 and earned capital of $32,000. During the year the company recognized net income of $51,000, dividends of $40,000 and stockholder investments of $6,000. Calculate the following [show work].
A. Ending contributed capital
B. Ending earned capital
C. Ending total equity
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