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The Baldwin Company currently has the following balances on their balance sheet: Total Assets $248,596 Total Liabilities $145,502 Retained Earnings $47,875 Suppose next year the

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The Baldwin Company currently has the following balances on their balance sheet: Total Assets $248,596 Total Liabilities $145,502 Retained Earnings $47,875 Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year? Select : 1 Submit Answer $78,019 $142,419 $496,973 $369,023

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