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The following information was extracted from the accounting records of BrankovCompany: Beginning Paidn Capital i $90,000 Beginning Retained Earnings $300,000 Beginning Assets $455,000 Contributions by
The following information was extracted from the accounting records of BrankovCompany:
Beginning Paidn Capital i$90,000
Beginning Retained Earnings $300,000
Beginning Assets $455,000
Contributions by Owners $0
Cash dividends declared $0
Revenues $200,000
Expenses $155,000
At the end of theperiod, what is the total amount ofstockholders' equity?
A.
$390,000
B.
$435,000
C.
$135,000
D.
$65,000
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