The records of Rashed Company show that the beginning balance of equity was $1,300,000 the net income for the period was $350,000 the unrealized holding gain net of tax was $50,000 and the company distributed dividends for the period of $70,000. The ending balance of the inventory was $540,000. Based on the above information the balance of equity at the end of the period will be: O a. $1,170,000 Ob. $1,730,000 O c. $930,000 O d. $1,630,000 Question 6 Not yet answered no