During 2013, Genoa Corporation had revenues of $198,000 and expenses of $156,000. Dividends of $28,000...
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During 2013, Genoa Corporation had revenues of $198,000 and expenses of $156,000. Dividends of $28,000 were paid during the year and additional stock was issued for $21,400. If total assets and total liabilities on January 1, 2013, were $130,000 and $56,000, respectively, how much is owners' equity on December 31, 2013?
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