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At the beginning of the year balanced sheet reported the following balances: total assets= 180 000 total liabilities= 83250, owner capital= 96750. Durin the year

At the beginning of the year balanced sheet reported the following balances: total assets= 180 000 total liabilities= 83250, owner capital= 96750. Durin the year the company reported revenues of 50,950 and expenses of 33,300. In addition owner withdrawals totaled 22000. Whats the owner capital balance at the end of the year.

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