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Please show work :) 24. Luigi Corporation had ending retained earnings of $230,000 at 12/31/2017. During 2017 the company's liabilities increased by $65,000 and assets
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24. Luigi Corporation had ending retained earnings of $230,000 at 12/31/2017. During 2017 the company's liabilities increased by $65,000 and assets increased by $78,000. The company declared and paid dividends of $31,000 and reported revenues of $54,000 and expenses of $18,000. How much common stock was issued during 2017? a. $-0- b. $4,000 c. $7,000 d. $8,000 e. None of the above answers are correctStep by Step Solution
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