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Mifro Repair Shop started the year with total assets of $300,000 and total liabilities of $200,000. During the year, Mifro recorded $500,000 in computer repair

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Mifro Repair Shop started the year with total assets of $300,000 and total liabilities of $200,000. During the year, Mifro recorded $500,000 in computer repair revenues, $300,000 in expenses, and paid dividends of $50,000. Mifro's stockholders' equity at the end of the year was $

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