Calculate total stockholders equity at the end of the year

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Reference no: EM13863748

Stockholders’ equity totaled $82,000 at the beginning of the year. During the year, net income was $12,000, dividends of $3,000 were declared and paid, and $10,000 of common stock was issued at par value. Required: Calculate total stockholders’ equity at the end of the year.

Reference no: EM13863748

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