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VaughnConsulting started the year with total assets of $61100and total liabilities of $14500. During the year, the business recorded $48800in catering revenues and $29700in expenses.Vaughnissued

VaughnConsulting started the year with total assets of $61100and total liabilities of $14500. During the year, the business recorded $48800in catering revenues and $29700in expenses.Vaughnissued stock of $10000and paid dividends of $14400during the year. The stockholders' equity at the end of the year was

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