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Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $66,479,265 Common Stock: $13,308,000 Retained Earnings: $14,317,504 Suppose next year
Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $66,479,265 Common Stock: $13,308,000 Retained Earnings: $14,317,504 Suppose next year the Andrews Company generates $36,500,000 in Net Profit, pays $15,000,000 in dividends, and total liabilities and common stock remain unchanged. What must their total assets be next year?
$94,104,769
$145,604,769
$115,604,769
$14,317,504
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