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Total assets for our company are $500,000, and owner's equity is $150,000. The company had net income equal to $50,000 and paid dividends of $5,000

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Total assets for our company are $500,000, and owner's equity is $150,000. The company had net income equal to $50,000 and paid dividends of $5,000 during the year. What do our total liabilities equal? $455.000 $605,000 O $350,000 O $650,000

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