A companys beginning-of-the-year assets are 60000 and

Reference no: EM13594829

A company's beginning-of-the-year assets are $60,000 and liabilities are $40,000. During the year, the company reported income of $15,000, paid dividends of $5,000 and sold common stock for $4,000. Its year-end liabilities are $50,000. What is the end of the year total assets?

Reference no: EM13594829

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