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Pharoah Company began the year with stockholders' equity of $ 2 7 9 0 0 0 . During the year, the company recorded revenues of

Pharoah Company began the year with stockholders' equity of $279000. During the year, the company recorded revenues of $399000, expenses of $300000, and paid dividends of $29400. What was Pharoah' stockholders' equity at the end of the year?
$348600
$407400
$378000
$279000
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