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Question 15 (1 point) Kagan Corporation was organized on January 2, 2017. During 2014, Kagan issued 40,000 shares at $24 per share, purchased 6,000 shares

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Question 15 (1 point) Kagan Corporation was organized on January 2, 2017. During 2014, Kagan issued 40,000 shares at $24 per share, purchased 6,000 shares of treasury stock at $26 per share, and had net income of $60o,000. What is the total amount of stockholders' equity at December 31, 20172 $1,280,000 $1,404,000 $1,416,000 $1,440,000 ed Evaluation Form acoband...seStudy eedsAssessments s...oments yd...orA MacBook Pro

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