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On January 1, Gucci Brothers Inc. started the year with a $707,000 balance in Retained Earnings and a $595,000 balance in common stock. During the
On January 1, Gucci Brothers Inc. started the year with a $707,000 balance in Retained Earnings and a $595,000 balance in common stock. During the year, the company reported net income of $97,000, paid a dividend of $14,200, and issued more common stock for $28,500. What is total stockholders' equity at the end of the year? Multiple Choice $1441700 $1.356.300 $1302.000 $141.300
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