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Mohawk Company has the following items: common stock, $900,000; repurchased shares, $110,000; and retained earnings, $390,000. What total amount should Mohawk Company report as stockholders'

Mohawk Company has the following items: common stock, $900,000; repurchased shares, $110,000; and retained earnings, $390,000. What total amount should Mohawk Company report as stockholders' equity?

A) $1,180,000

B) $1,290,000

C) $900,000

D) None of the answers above are correct

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