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On January 1 Year 3. Wayfarer Co's assets were $360,000 and its stockholders' equity was $152,000 During the year, assets increased $21000 and liabilities decreased

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On January 1 Year 3. Wayfarer Co's assets were $360,000 and its stockholders' equity was $152,000 During the year, assets increased $21000 and liabilities decreased $22,000 Required: Determine the amount of stockholders equity at December 31, Year 3

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