At the beginning of 2019, a corporation had assets of $470,000 and liabilities of $340,000....

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Accounting

At the beginning of 2019, a corporation had assets of $470,000 and liabilities of $340,000. During 2019, assets increased $32,000 and liabilities increased $6,000. What was stockholders' equity at December 31, 2019?

Multiple Choice

  • $314,000

  • $156,000

  • $92,000

  • $496,000

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