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Assets totaled $24,750 and liabilities totaled $8,550 at the beginning of the year. During the year, assets decreased by $3,550 and liabilities increased by $2,850.

Assets totaled $24,750 and liabilities totaled $8,550 at the beginning of the year. During the year, assets decreased by $3,550 and liabilities increased by $2,850. What is the amount of the change in stockholders' equity during the year? Multiple Choice $650 increase $6,400 decrease $700 decrease

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