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A company's financial records at the end of the year included the following amounts:
Cash $70,200
Accounts Receivable 28,200
Supplies 4200
Accounts Payable 10,200
Notes Payable 5100
Retained Earnings, beginning of year 17,200
Common Stock 42,000
Service Revenue 51,700
Wages Expense 8200
Advertising Expense 5200
Rent Expense 10,200
Problem 1: What is the amount of total stockholders' equity that would be reported on the Balance Sheet at the end of the year?
Select one:
A. $87,300.
B. $28,100.
C. $102,600.
D. $59,200.
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