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Over fiscal 2019, a firm's income statement had $584,688 as net income and $211,281 as dividends. The 2019 balance sheet showed total common equity as
Over fiscal 2019, a firm's income statement had $584,688 as net income and $211,281 as dividends. The 2019 balance sheet showed total common equity as $5,000,000. The firm has 255,443 shares outstanding, with no new stock issued or repurchased over the year. The book value at the end of 2019 is?
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