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Karl Corporation was organized on January 2, 2018, Karl issued 40,000 shares at $25 per share, purchased 6,000 shares of treasury stock at $26 per

Karl Corporation was organized on January 2, 2018, Karl issued 40,000 shares at $25 per share, purchased 6,000 shares of treasury stock at $26 per share and had net income of 60,000.What is the total amount of stockholders equity at December 31, 2018?

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