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Problem 13 (10 points The following information was extracted from the accounting records of Brankov Company: Beginning Paid-in Capital $90,000 Beginning Retained Earnings $300,000 Beginning
Problem 13 (10 points The following information was extracted from the accounting records of Brankov Company: Beginning Paid-in Capital $90,000 Beginning Retained Earnings $300,000 Beginning Assets $455,000 Contributions by Owners $0 Cash dividends declared $0 Revenues $200,000 Expenses $155,000 At the end of the period, what is the total amount of stockholders' equity?_ equity = asset- liability = 200,000 - 155,000 = 45,000 8
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