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Ramos Inc. has total assets of $1,000 and total liabilities of $450 on December 31, 20Y8. Assume that assets increased by $130 and liabilities decreased

Ramos Inc. has total assets of $1,000 and total liabilities of $450 on December 31, 20Y8. Assume that assets increased by $130 and liabilities decreased by $25 during 20Y9. What would stockholders' equity be as of December 31, 20Y9?

a. $1,295

b. $705

c. $550

d. $655

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