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Berry Companys total stockholders equity at the beginning of the year was $201,000. During the year Berry reported the following: Net loss of $26,000. Stock
Berry Companys total stockholders equity at the beginning of the year was $201,000. During the year Berry reported the following:
Net loss of $26,000.
Stock issued in exchange for land totaling $79,000.
Collections of accounts receivable $42,000.
Dividends declared and paid totaling $1,000.
What is Berrys total stockholders equity at the end of the year?
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