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  3. during the current year, the assets of quality sta

During the current year, the assets of Quality Stairs increased by $184,000 and the liabilities...

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Accounting

During the current year, the assets of Quality Stairs increased by $184,000 and the liabilities decreased by $24,000. If the owners' equity in the business is $484,000 at the end of the year, the owners' equity at the beginning of the year must have been:

$644,000.

$276,000.

$692,000.

$324,000.

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