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Cragmont has beginning equity of $290,000, net income of $76,000, withdrawals of $38,000 and no additional investments by owners during the period. Its ending equity

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Cragmont has beginning equity of $290,000, net income of $76,000, withdrawals of $38,000 and no additional investments by owners during the period. Its ending equity is: Multiple Choice $328.000 $176,000 $252,000 $290,000 $404,000

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