At the beginning of

20\\\\times 1

, a company had total assets and total liabilities of

$600,000

and

$250,000

, respectively.\ The following occurred during 20X1:\ Earned net income of

$100,000

\ Received

$50,000

cash from the issuance of common stock\ Purchased land costing

$300,000

\ Declared and paid dividends totaling

$15,000

\ Question: What should be the company's ending stockholders' equity balance at

(12)/(31)/x_(1)

? Do not include decimals or cents in the numerical response.\ Answer: $

At the beginning of 201, a company had total assets and total liabilities of $600,000 and $250,000, respectively. The following occurred during 20X1: - Earned net income of $100,000 - Received $50,000 cash from the issuance of common stock - Purchased land costing $300,000 - Declared and paid dividends totaling $15,000 Question: What should be the company's ending stockholders' equity balance at 12/31/1 ? Do not include decimals or cents in the numerical response. Answer: $