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On January 1, Gucci Brothers Inc. started the year with a S492,000 balance in Retained Earnings and a $605,000 balance in Common Stock. During the

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On January 1, Gucci Brothers Inc. started the year with a S492,000 balance in Retained Earnings and a $605,000 balance in Common Stock. During the year, the company earned net income of $92,000, paid a dividend of $15,200, and issued more common stock for $27,500. What is total stockholders' equity at the end of the year? O $1,231,700. $1,097,000. $1,201,300. $1,588,300

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