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maining Time: 34 minutes 51 seconds estion Companion Status: Markham Company had the following balance sheet for 2019 with 10 million shares of common stock

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maining Time: 34 minutes 51 seconds estion Companion Status: Markham Company had the following balance sheet for 2019 with 10 million shares of common stock outstanding. Total Current Assets $ 40M Total Liabilities $ 30 M Total Fixed Assets $ 60M Shareholders' Equity: Common Stock $ 20 M Retained Earnings $ 50 M Total Shareholders' Equity $ 70 M Total Assets $100 M Total Liabilities and Equity $100M During 2020, the company made $50 Min Net Income. They had a 20% dividend payout ratio. They issued 2 million shares of new stock too at $10 per share. Compute the Total Shareholders' Equity for 2020. 550 5130 M

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