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At the beginning of the year, White Company has total assets of $500,000 and total stockholders equity of $200,000. If total assets increased $100,000 and

At the beginning of the year, White Company has total assets of $500,000 and total stockholders equity of $200,000. If total assets increased $100,000 and total liabilities decreased $40,000. What is stockholders equity at the end of the year?

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