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XYZ Company has the following items: common stock, $750,000; treasury stock, $150,000; deferred income taxes, $125,000; investment in preferred stock, $130,000; and retained earnings, $384,000.
XYZ Company has the following items: common stock, $750,000; treasury stock, $150,000; deferred income taxes, $125,000; investment in preferred stock, $130,000; and retained earnings, $384,000. What amount should XYZ Company report as total stockholders equity in a classified balance sheet?
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