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At the end of the current year, the owner's equity is $188,000. During the year, the assets of the business had increased by $90,000, and

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At the end of the current year, the owner's equity is $188,000. During the year, the assets of the business had increased by $90,000, and the abilities had decreased by $36,000. Owner's equity at the beginning of the year must have been: Select one: O a $62,000 O b. $126,000 Oc $314,000 O d. $242,000

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