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Problem 1: Zapper has beginning equity of $281,000, net income of $63,000, dividends of $52,000 and stockholder investments of $18,000. Its ending equity is:
Multiple Choice
Option 1: $247,000.
Option 2: $252,000.
Option 3: $292,000.
Option 4: $310,000.
Option 5: $378,000.
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