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The stockholders equity section of Paulino Engineerings balance sheet shows paid-in capital of $670,000 on common stock and $160,000 on preferred stock. It also shows
The stockholders equity section of Paulino Engineerings balance sheet shows paid-in capital of $670,000 on common stock and $160,000 on preferred stock. It also shows additional paid-in capital of $75,000 on preferred stock and $910,000 in retained earnings. If Paulino recorded a $450,000 net loss on the year, how much is stockholders equity
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