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Incubus Corporation began with an investment by shareholders of $44.000 a. In its first year, its income showed a deficit of $7,400. What would the

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Incubus Corporation began with an investment by shareholders of $44.000 a. In its first year, its income showed a deficit of $7,400. 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.) 10 points Common stock Retained earnings Skipped Total Stockholders' Equity BOOK Print References b. In the second year, it had income of $15.400 and a dividend of $6,400 was paid. What would the equity section of its balance sheet show at year end? Common stock Retained earnings Total Stockholders' Equity $ c. In the third year, Incubus sold more shares for a value of $22.000, earned income of $12.400 and paid a dividend of $6,400. What would the equity section of its balance sheet show at year end? Cowon stock Hetained earnings Total Stockholders' Equity $

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