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QUESTION 7 Not answered 0.00 points out of 1.00 Computing Stockholders' Equity in Consolidation On January 1 of the current year, Halen Company purchased all

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QUESTION 7 Not answered 0.00 points out of 1.00 Computing Stockholders' Equity in Consolidation On January 1 of the current year, Halen Company purchased all of the common shares of Jolson Company for $575,000 cash. On this date, the stockholders' equity of Halen Company consisted of $600,000 in common stock and $310,000 in retained earnings. Jolson Company had $350,000 in common stock and $225,000 in retained earnings. What amount of total stockholders' equity appears on the consolidated balance sheet? $ X

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