Sunland Company began the year with $126800 in its Common Stock account and a balance in Retained
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Question:
Sunland Company began the year with $126800 in its Common Stock account and a balance in Retained Earnings of $54200. During the year, the company earned net income of $26500 and declared and paid $9100 of dividends. In addition, the company sold additional common stock amounting to $32100. Based on this information, what should the transaction analysis show for the ending total of all stockholders' equity accounts?
$230500
$248700
$122100
$166300
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