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Total assets were $64,000 and total liabilities were $35,000 at the beginning of the year. Net income for the year was $12,000, and dividends of$6,000

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Total assets were $64,000 and total liabilities were $35,000 at the beginning of the year. Net income for the year was $12,000, and dividends of$6,000 were declared and paid during the year. Calculate total stockholders' equity at the end of the year

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