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What amount of total assets be reported on balance sheet

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Reference no: EM132844108

Problem 1: Total liabilities on a balance sheet at the end of the year are $150,000, retained earnings at the end of the year is $80,000, net income for the year is $60,000, common stock is $60,000. What amount of total assets would be reported on the balance sheet at the end of the year?

Reference no: EM132844108

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