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At the beginning of the year, paid-in capital was $492 and retained earnings was $282. During the year, the stockholders invested $144 and dividends of
At the beginning of the year, paid-in capital was $492 and retained earnings was $282. During the year, the stockholders invested $144 and dividends of $36 were declared and paid. Retained earnings at the end of the year were $312.
Total stockholders' equity at the end of the year was:
Multiple Choice
- $948
- $492 - Incorrect Answer
- $636
- $564
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