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Houghton Company has the following items: share capital-ordinary, $820,000; treasury shares, $85,000; deferred taxes, $100,000 and retained earnings, $313,000. What amount should Houghton Company report

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Houghton Company has the following items: share capital-ordinary, $820,000; treasury shares, $85,000; deferred taxes, $100,000 and retained earnings, $313,000. What amount should Houghton Company report as total equity? Select one: a. $948,000. O b. $1,148,000. c. $1,218,000. O d. $1,048,000

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