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On January 1, Gucci Brothers Inc. started the year with a $703,000 balance in Retained Earnings and a $591,000 balance in common stock. During the
On January 1, Gucci Brothers Inc. started the year with a $703,000 balance in Retained Earnings and a $591,000 balance in common stock. During the year, the company reported net income of $90,000, pald a dividend of $14,100, and issued more common stock for $22,000. What is total stockholders' equity at the end of the year? Multiple Choice O $1.347900 $1,391,900 $1.294,000 $1420,00
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