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The following account balances were selected from the records of TAC Corporation at the end of the fiscal year after all adjusting entries were completed:

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The following account balances were selected from the records of TAC Corporation at the end of the fiscal year after all adjusting entries were completed: Net income for the year was $30,000. The stock price is currently $22.29 per share. Prepare the stockholders' equity section of the balance sheet at the end of the fiscal year. (Amounts to be deducted should

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