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A corporation reports the following assets and liabilities on 3/1/22 prior to purchasing their outstanding common stock: Current Assets Equipment (net) Current Liabilities Long term
A corporation reports the following assets and liabilities on 3/1/22 prior to purchasing their outstanding common stock: Current Assets Equipment (net) Current Liabilities Long term Liabilities $230,000 90,000 20,000 10,000 On 3/1/22 they purchase 1,000 shares of their common stock for $10,000. Calculate the total stockholder equity on 3/1/22 after they purchase this stock. You must include the calculation in order to receive credit.
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