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Zapper has beginning equity of $261,000, net income of $53,000, dividends paid of $42,000 and stockholder investments of $8,000. Its ending total equity as reported
Zapper has beginning equity of $261,000, net income of $53,000, dividends paid of $42,000 and stockholder investments of $8,000. Its ending total equity as reported on the balance sheet is:
Multiple Choice
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$227,000.
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$242,000.
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$272,000.
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$280,000.
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$348,000.
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