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BCD Company has total assets of $800,000 and liabilities of $300,000. Calculate the owner's equity. Also, if the owner's equity decreased by $50,000 during the

· BCD Company has total assets of $800,000 and liabilities of $300,000. Calculate the owner's equity. Also, if the owner's equity decreased by $50,000 during the year, what are the total assets at the end of the year?

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