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At the end of the accounting period, Houston Company had $7,800 of par value common stock issued, additional paid in capital of $10,000, retained earnings

At the end of the accounting period, Houston Company had $7,800 of par value common stock issued, additional paid in capital of $10,000, retained earnings of $8,500, and $5,750 of treasury stock. The total amount of stockholders' equity is:

$20,550.

$32,050.

$12,050.

$24,250.

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