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Spring Corporation started the year with $250,000 common stock and $30,000 retained earnings. During the year, the company reported a net income of $35,000 and
Spring Corporation started the year with $250,000 common stock and $30,000 retained earnings. During the year, the company reported a net income of $35,000 and distributed dividends of $15,000 and issued additional common stock of $25,000. What is stockholders' equity at the end of the year? O A $280,000 OB. $325,000 O C. $300,000 OD. $345,000
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