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of 5 The stockholders' equity section of World of Camping is presented here. ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value
of 5 The stockholders' equity section of World of Camping is presented here. ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 11,000 common shares Total stockholders' equity WORLD OF CAMPING Balance Sheet (partial) 121 displayed below.j Based on the stockholders' equity section of World of Camping, answer the following questions. Remember that all amounts are presented in thousands. X Answer is complete but not entirely correct. Net income 4. If retained earnings at the beginning of the period was $241 million and $21 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in millions (i.e., 5,000,000 should be entered as 5).) $5,100 21,000 624,000 650, 100 279,000 (253,000) $676, 100 $ 280 x million
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