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Sunland's Electronic Repair Shop started the year with total assets of $313000 and total liabilities of $205000. During the year, the business recorded $504000 in
Sunland's Electronic Repair Shop started the year with total assets of $313000 and total liabilities of $205000. During the year, the business recorded $504000 in electronic repair revenues, $307000 in expenses, and Sunland withdrew $51100. Sunland's Owner's Capital balance at the end of the year was $253900. $108000. $197000. $305000
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