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Savvy Sightseeing had beginning equity of $86,000; revenues of $132,000, expenses of $79,000, and dividends to stockholders of $10,400. There were no stockholder investments during

Savvy Sightseeing had beginning equity of $86,000; revenues of $132,000, expenses of $79,000, and dividends to stockholders of $10,400. There were no stockholder investments during the year. Calculate ending equity.

Multiple Choice

  • $128,600.

  • $139,000.

  • $53,000.

  • $33,000.

  • $22,600.

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