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At the beginning of the accounting period, Parker Corporation had assets of $825,000 and liabilities of $340,000. During the year, assets increased by $40,000 and
At the beginning of the accounting period, Parker Corporation had assets of $825,000 and liabilities of $340,000. During the year, assets increased by $40,000 and liabilities decreased by $8,000. Based on this information, the total amount of stockholders equity:
$480,000
$536,000
$1,102,000
$528,000
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