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What is the ending total stockholders equity

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Question - A company began the year with $84,000 in its common stock account and a credit balance in retained earnings of $36,000. During the year, the company earned net income of $24,000 and declared and paid $6,000 of dividends. In addition, the company sold additional common stock amounting to $22,000. What is the ending total stockholders' equity?

a. $54,000

b. $166,000

c. $106,000

d. $160,000

e. $138,000

Reference no: EM132633626

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