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At the beginning of July, the owners equity of Ashton Company was $ 1 0 0 , 0 0 0 . During July, revenue totaled

At the beginning of July, the owners equity of Ashton Company was $100,000. During July, revenue totaled $60,000, expenses were $40,000, and the owner withdrew $10,000 cash from the business. At the end of July, the Ashton Companys equity in his company was _____________.

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