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Houghton Company has the following items: common stock, $1,600,000; treasury stock, $310,000; deferred income taxes, $250,000 and retained earnings, $780,000. What total amount should Houghton

  1. Houghton Company has the following items: common stock, $1,600,000; treasury stock, $310,000; deferred income taxes, $250,000 and retained earnings, $780,000. What total amount should Houghton Company report as stockholders equity?

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