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The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $156,902 Common Stock $57,400 Retained Earnings $58,213 Suppose next year the

The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $156,902 Common Stock $57,400 Retained Earnings $58,213 Suppose next year the Baldwin Company generates $36,500 in net profit and pays $15,000 in dividends and total liabilities and common stock remain unchanged. What must their total assets be next year? Select: 1 $272,515 $115,613 $294,015 $324,015

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