Puppet Corporation began with an investment by shareholders of $20,000. o. In its first year,...

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Puppet Corporation began with an investment by shareholders of $20,000. o. In its first year, the income earned was $2,000. What would the equity section of its balance sheet show at year end? b. In the second yeat, it had an income of $9,000 and a dividend of $3,000 was paid. What would the equity section of its balance sheet show at year end

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