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At January 1, 2020, Marigold Industries reported owner's capital of $149200. During 2020, Marigold had a net loss of $29500 and owner's drawings of $14700.

At January 1, 2020, Marigold Industries reported owner's capital of $149200. During 2020, Marigold had a net loss of $29500 and owner's drawings of $14700. At December 31,2020 , the amount of owner's capital is $163900.$119700.$105000.$134500.

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