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The beginning balance of owner' equity was $85,000, total revenues for the year was $150,000, owner's drawings of $15,000 were declared during the year, and
The beginning balance of owner' equity was $85,000, total revenues for the year was $150,000, owner's drawings of $15,000 were declared during the year, and the ending balance of owner's equity was $60,000. Calculate the total expenses for the year (nearest dollar without dollar sign ($) or comma, e.g. 15000)
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