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Q7. ABC bank has an initial balance in its capital account of $28 million, receives net income during the year of $5 million, pays out
Q7. ABC bank has an initial balance in its capital account of $28 million, receives net income during the year of $5 million, pays out stockholder dividends of one million USD, and issues $5 millions in new stock during the year. At the end of the year, what balance remained in the bank's capital account
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