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Houghton Company has the following items: Common stock, $800,000; treasury stock, $105,000; deferred income taxes, $125,000 and retained earnings, $390,000. What total amount should Houghton
Houghton Company has the following items: Common stock, $800,000; treasury stock, $105,000; deferred income taxes, $125,000 and retained earnings, \$390,000. What total amount should Houghton Company report as stockholders' equity? $960,000. $1,085,000 $1,210,000. Or $1,295,000
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