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How much did Homestead have in total assets at December

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Question - Homestead Corp. began 2020 with $42,000 in assets, $12,000 in liabilities, and $8,000 in common stock. During 2020 Homestead had $6,000 in net income and paid no dividends. At December 31, 2020, Homestead had $8,000 in liabilities. How much did Homestead have in total assets at December 31, 2020?

Reference no: EM132956183

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