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At the beginning of the year, Vendors, Incorporated, had owners' equity of $ 4 9 , 8 5 0 . During the year, net income

At the beginning of the year, Vendors, Incorporated, had owners' equity of $49,850. During the year, net income was $6,150 and the company paid dividends of $4,250. The company also repurchased $8,350 in equity. What was the owners' equity account at the end of the year?

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