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Business, 11.06.2020 20:57 naniicapri3

A company reported total stockholders' equity of $340,000 on its balance sheet dated December 31, 2018. During the year ended December 31, 2019, the company reported net income of $40,000, declared and paid a cash dividend of $8,000, declared and distributed a 10% stock dividend with a $10,000 total market value, issued additional common stock for $60,000, and paid $12,000 to repurchase treasury stock. What is total stockholders' equity as of December 31, 2019?

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A company reported total stockholders' equity of $340,000 on its balance sheet dated December 31, 20...
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