Midtown, Inc. had the following transactions in 2018, its first year of operations: bullet Issued...
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Midtown, Inc. had the following transactions in 2018, its first year of operations: bullet Issued 30 comma 000 shares of common stock. Stock has par value of $ 1.00 per share and was issued at $ 19.00 per share. bullet Earned net income of $ 76 comma 000. bullet Paid no dividends. At the end of 2018, what is total stockholders' equity? A. $ 646 comma 000 B. $ 76 comma 000 C. $ 570 comma 000 D. $ 30 comma 000
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