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You are bullish on ABC Co . stock. You buy 1 1 0 shares at $ 6 0 per share on margin. The initial margin

You are bullish on ABC Co. stock. You buy 110 shares at $60 per share on margin. The initial margin percentage is 50% and the maintenance margin percentage is 30%. What is the equity amount on the liability/equity side of the initial t-account? (use 2 decimal places without $, so $10.00 is 10.00)

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