On December 1 , 2 0 1 1 , Millstone Corporation invested $ 4 5 , 0
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Question:
On December Millstone Corporation invested $ in a new delivery truck. The truck
is being depreciated at a monthly rate of $ During the company issued stock for $
and declared dividends of $ Its net income in was $ Millstones ending Retained
Earnings balance as reported in its December balance sheet was $ Its beginning
Capital Stock balance on January was $ Given this information, determine the
total stockholders equity reported in the companys balance sheet dated December
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