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The Baldwin Company currently has the following balances on their balance sheet: Total Assets $235,410 Total Liabilities $143,939 Retained Earnings $37,374 Suppose next year the
The Baldwin Company currently has the following balances on their balance sheet: Total Assets $235,410 Total Liabilities $143,939 Retained Earnings $37,374 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?
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$76,897
$471,723
$364,775
$141,297
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