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Required information (The following information applies to the questions displayed below.) A company started the year with the following: Assets $131,000; Liabilities $44,000; Common Stock

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Required information (The following information applies to the questions displayed below.) A company started the year with the following: Assets $131,000; Liabilities $44,000; Common Stock $74,000; Retained Earnings $13,000. During the year, the company earned revenue of $6,900, all of which was received in cash, and incurred expenses of $3,950, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2,900 to owners. Assume no other activities occurred during the year. "art 4 of 4 8 00:53:26 The amount of Assets at the end of the year is Multiple Choice O $140,850 O O $141,850 O $137.900

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