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Foxes Service Shop ended the year with total assets of $300,000 and total liabilities of $250,000. During the year, the business recorded $680,000 in revenues,
Foxes Service Shop ended the year with total assets of $300,000 and total liabilities of $250,000. During the year, the business recorded $680,000 in revenues, $600,000 in expenses. the owners equity reported by Foxes Service Shop at the end of the year was:
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