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What is total equity at the end

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Question - The Barnes Company started operations in 2019 when owners invested $40,000. During the year the company recorded $185,400 in revenues, $160,300 in expenses and $1,500 in dividends. The following year the company recorded $182,300 in revenues, $174,100 in expenses and no dividends. What is total equity at the end of 2020?

Reference no: EM133150215

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