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Required information [The following information applies to the questions displayed below.) The following pre-closing accounts and balances were drawn from the records of Carolina Company

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Required information [The following information applies to the questions displayed below.) The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31. Year 1: Cash Dividends Land Accounts payable Retained earnings $ 4,800 2,400 2,700 1,400 6,225 Accounts receivable Common stock Revenue Expense $ 1,800 2,875 2,700 1,500 What is the amount of total assets that will be reported on the balance sheet as of December 31. Year 1? Multiple Choice O $9,300 O $12,000 $11700 $7,500

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