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Calculate the ending equity balance given the following information: opening equity balance = $25,000; change in accounting policy = + $5,000; correction of a prior
Calculate the ending equity balance given the following information: opening equity balance = $25,000; change in accounting policy = + $5,000; correction of a prior period error = + $3,000; payment of dividends = $7,000; comprehensive income = $100,000; additional shares issued = $10,000.
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