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At the end of the year, Thomas Corporation has total liabilities of $45,000, retained earnings...

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Accounting

At the end of the year, Thomas Corporation has total liabilities of $45,000, retained earnings of $52,000, and total contributed capital of $72,000. What is the amount of TOTAL ASSETS at year-end?

$45,000

$97,000

$124,000

$169,000

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