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Use the following information to determine the amount that should be reported as total Stockholders equity on the balance sheet dated December 3 1 ,

Use the following information to determine the amount that should be reported as total Stockholders equity on the balance sheet dated December 31, Year 2.
Common stock$140,000Accumulated other comprehensive income22,400Operating expenses1,120,000Retained earnings, December 31, Year 11,176,000Treasury stock35,000Revenues3,500,000Loss from discontinued component15,400Cost of goods sold1,750,000
Use 25% as the tax rate.
Select one:
a.
$1,466,150
b.
$1,764,350
c.
$1,975,050
d.
$1,320,200
e.
$1,918,000

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