17) Owner's equity and total assets were $32,000 and $79,000 respectively at the beginning of...
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17) Owner's equity and total assets were $32,000 and $79,000 respectively at the beginning of the period. Assets increased 50% and liabilities decreased 60% during the period. What is owner's equity at the end of the period? A) $47,000 B) $43,300 C) $99,700 D) $105,700
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