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Baltimore Company reports total assets and total liabilities of $251,000 and $95,000, respectively, at the conclusion, of its first year of business. The company earned

Baltimore Company reports total assets and total liabilities of $251,000 and $95,000, respectively, at the conclusion, of its first year of business. The company earned $83,500 during the first year, and distributed $33,000 to shareholders as dividends. How much did shareholders initially invest in the business?

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