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Cox Corporation was organized on January 1 , 2 0 2 1 , at which date it issued 1 0 0 , 0 0 0

Cox Corporation was organized on January 1,2021, at which date it issued 100,000 shares of $10 par common stock at $15
per share. During the period January 1,2021, through December 31,2023, Cox reported net income of $458,000 and paid
cash dividends of $230,000. On January 10,2023, Cox purchased 6,000 shares of its common stock at $12 per share. On
December 31,2023, Cox sold 4,000 treasury shares at $8 per share. What is Cox's total stockholders' equity at December 31,
2023?
Select one:
a. $1,720,000
b. $1,704,000
c. $1,688,000
d. $1,760,000
e. $1,680,000
Which of the following are temporary differences that are normally classified as expenses recognized for tax purposes before
they are recognized in financial income?
Select one:
a. Prepaid Expenses
b. Fines and expenses resulting from a violation of law
c. Advance rental receipts
d. Product warranty liabilities
e. Accrued revenues
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