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The Reed Corporation began with an investment by shareholders of $23.000. a. In lis first year, the income earned was $2,300. What would the equity section of its balance sheet show at year end? b. In the second year, it had an income of $9,300 and a dividend of $3,300 was paid. What would the equity section of its balance sheet show at year end? c. In the third yeac, Puppet sold more shares for a value of $11,500, earned income of $5,300, and poid a dlvidend of $2,800. What would the equity section of its balance sheet show at year end