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At the beginning of the year, Blossom Ltd. had total assets of $734,400 and total liabilities of $428,400. Use this information. If Blossoms total assets
At the beginning of the year, Blossom Ltd. had total assets of $734,400 and total liabilities of $428,400. Use this information.
If Blossoms total assets increased by $255,000 during the year and total liabilities decreased by $81,600, what is the amount of shareholders equity at the end of the year?
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