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What is total stockholders equity as of December

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Question - A company reported total stockholders' equity of $170,000 on its balance sheet dated December 31, 2018. During the year ended December 31, 2019, the company reported net income of $20,000, declared and paid a cash dividend of $4,000, declared and distributed a 10% stock dividend with a $5,000 total market value, and issued additional common stock for $40,000. What is total stockholders' equity as of December 31, 2019?

Reference no: EM132778678

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