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At December 31, Year 1, the accounting records of Braun Corporation contain the following items: Accounts Payable Land Capital Stock Building Retained Earnings $ 17,000

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At December 31, Year 1, the accounting records of Braun Corporation contain the following items: Accounts Payable Land Capital Stock Building Retained Earnings $ 17,000 $ 242,000 ? $ 182,000 $ 162,000 Accounts Receivable Cash Equipment Notes Payable $ 42,000 ? $ 122,000 $ 192,000 If Cash at December 31, Year 1, is $68,000, total assets amounts to: Multiple Choice . $614,000 $818,000. $673,000. $656,000

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