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Hall Company had total assets of $360,000 and total shareholders' equity of $150,000 at the beginning of the year. During the year assets increased by
Hall Company had total assets of $360,000 and total shareholders' equity of $150,000 at the beginning of the year. During the year assets increased by $85,000 and liabilities increased by $10,000. Shareholders' equity at the end of the year is A. $235,000 B. $95,000 C. $225,000 D. $160,000
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