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Consider the following information: Cash = $6,000 Beginning Balance = $200,000 Capital added = $15,000 Revenues = $10,000 Expenses = $5,000 Net Income = $56,000
Consider the following information:
Cash = $6,000
Beginning Balance = $200,000
Capital added = $15,000
Revenues = $10,000
Expenses = $5,000
Net Income = $56,000
Owner's Withdrawals= $60,000
What is the ending balance on the Statement of Changes in Owner's Equity for this data?
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