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Crane's Computer Repair Shop started the year with total assets of $299000 and total liabilities of $199000. During the year, the business recorded $499000 in
Crane's Computer Repair Shop started the year with total assets of $299000 and total liabilities of $199000. During the year, the business recorded $499000 in computer repair revenues, $299000 in expenses, and Crane paid dividends of $49000. Stockholders' equity at the end of the year was $200000. $251000. $300000. $100000
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