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At the beginning of the year, Vendors, Incorporated, had owners' equity of $50,435. During the year, net income was $6,675 and the company paid dividends
At the beginning of the year, Vendors, Incorporated, had owners' equity of $50,435. During the year, net income was $6,675 and the company paid dividends of $4,535. The company also repurchased $8,785 in equity. What was the owners' equity account at the end of the year?
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