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Review the following information and determine total stockholders' equity: Common stock, $150,000 Treasury stock, $20,000 Dividends payable, $5,000 Paid-in capital in excess of par, $30,000
Review the following information and determine total stockholders' equity:
Common stock, $150,000
Treasury stock, $20,000
Dividends payable, $5,000
Paid-in capital in excess of par, $30,000
Retained earnings, $140,000
Bonds payable, $75,000
Preferred stock, $35,000
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