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Incubus Corporation began with an investment by shareholders of $33,000. a. In its first year, its income showed a deficit of $6,300. What would the

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Incubus Corporation began with an investment by shareholders of $33,000. a. In its first year, its income showed a deficit of $6,300. What would the equity section of its balance sheet show at year end? (Negative answers should be indicated by a minus sign. Omit $ sign in your response.) Common stock Retained earnings Total Stockholders' Equity b. In the second year, it had income of $16,700 and a dividend of $5,300 was paid. What would the equity section of its balance sheet show at year end? Common stock Total Stockholders Equity year, Incubus sold more shares for a value of $16,500, earned income of $11,300, and paid a dividend of $5,300. What c. In the third would the equity section of its balance sheet show at year end? Common stock Retained earnings Total Stockholders' Equity

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