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Bee Co. issued $50 of its own stock to the owners of Sea Co. in exchange for Sea Co.'s assets that are worth $80 and

Bee Co. issued $50 of its own stock to the owners of Sea Co. in exchange for Sea Co.'s assets that are worth $80 and accepting responsibility to pay off Sea Co's remaining liabilities of $30. Compute the change in Bee Co's total equity.

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