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Nexis had beginning equity of $72,000; revenues of $90,000, and expenses of $74,000. The company had no other transactions impacting equity. Calculate the ending equity.

Nexis had beginning equity of $72,000; revenues of $90,000, and expenses of $74,000. The company had no other transactions impacting equity. Calculate the ending equity. Multiple Choice $88,000. $25,000. $97,000. $38,000. $47,000

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