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Use the information in Question 21, but assume that the 1,000 shares represent a 10% ownership stake and the security is classified as available for
Use the information in Question 21, but assume that the 1,000 shares represent a 10% ownership stake and the security is classified as available for sale, what is the total effect of the events described above on Dawkins owners' equity?
a. Increases $1,000
b. Increases $4,000
c. Increases $5,000
d. Increases $14,000
e. None of the above.
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