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The net income of Thomas Corporation was $73,000 for this year. The beginning balance of stockholders' equity was $33,000 and the ending balance was $72,000.

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The net income of Thomas Corporation was $73,000 for this year. The beginning balance of stockholders' equity was $33,000 and the ending balance was $72,000. The company issued no common stock during the year. What was the amount of dividends distributed during the year? O A. $72,000 OB. $34,000 OC. $145,000 OD. $33,000 The balances of select accounts of Elliott, Inc. as of December 31, 2018 are given below: Notes Payable-short-term $1,300 Salaries Payable 3,000 Notes Payable-long-term 25,000 Accounts Payable 3,500 Unearned Revenue 1,000 Interest Payable 2,500 The Unearned Revenue is the amount of cash received for services to be rendered in January, 2019. The Interest Payable is due on February 15, 2019. What are the total current liabilities shown on the balance sheet at December 31, 2018? A. $6,000 B. $8,800 OC. $10,000 D. $11,300

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