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Given below are several accounts from Kramer Companys accounting records. Cash $12,500 Accumulated depreciation 8,000 Retained earnings, beginning of year 17,000 Contributed capital 14,000 Patents

Given below are several accounts from Kramer Companys accounting records. Cash $12,500 Accumulated depreciation 8,000 Retained earnings, beginning of year 17,000 Contributed capital 14,000 Patents 3,000 Dividends 3,000 Net income for the year was $30,000. How much is total shareholders equity at the end of the year

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