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On January 1. Gucci Brothers Inc. started the year with a $702,000 balance in Retained Earnings and a $609,000 balance in common stock. During the
On January 1. Gucci Brothers Inc. started the year with a $702,000 balance in Retained Earnings and a $609,000 balance in common stock. During the year, the company reported net income of $102,000, paid a dividend of S14,900, and issued more common stock for $25,000 What is total stockholders' equity at the end of the year
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