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Emmitt had the following final balances after the first year of operations: assets, $36,500; stockholders' equity, $13,100; dividends, $3,700; and net income, $10,300. What
Emmitt had the following final balances after the first year of operations: assets, $36,500; stockholders' equity, $13,100; dividends, $3,700; and net income, $10,300. What is the amount of Emmitt's liabilities? Multiple Choice. $23,400 $27,200 $36,500 $9,400
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