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Business, 18.02.2020 18:02 TimothyYash6684

Vista Camera Services started the year with total assets of $110,000 and total liabilities of $45,000. The revenues and the expenses for the year amounted to $120,000 and $90,000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $50,000. What is the amount of stockholders' equity at the end of the year?

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Vista Camera Services started the year with total assets of $110,000 and total liabilities of $45,00...

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