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Sunland Company compiled the following financial information as of December 31, 2017: Service revenue $ 1135000 Common stock 246000 Equipment 309000 Operating expenses 946000 Cash
Sunland Company compiled the following financial information as of December 31, 2017:
| Service revenue | $ 1135000 |
| Common stock | 246000 |
| Equipment | 309000 |
| Operating expenses | 946000 |
| Cash | 283000 |
| Dividends | 76000 |
| Supplies | 40000 |
| Accounts payable | 161000 |
| Accounts receivable | 115000 |
| Retained earnings, 1/1/17 | 607000 |
Sunland stockholders equity on December 31, 2017 is:
$ 1042000.
$ 926000.
$ 966000.
$ 720000.
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Financial Accounting
Authors: Bev Vickerstaff, Parminder Johal
1st Edition
1444170414, 978-1444170412
