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Ira, a small business owner, earned $40,000 last year. She withdrew 10% of her profit for a vacation. Assuming her beginning equity was $25,000, what

Ira, a small business owner, earned $40,000 last year. She withdrew 10% of her profit for a vacation. Assuming her beginning equity was $25,000, what was her ending equity? $65000 $57000 $32000 $61000

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