The following information pertains to DEF Company, Inc. for the year 2018. Liabilities at the...
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Accounting
The following information pertains to DEF Company, Inc. for the year 2018.
Liabilities at the end of the year, December 31, 2018 = $1,200
Contributed capital at the end of the year, December 31, 2018 = $700
Beginning retained earnings, January 1, 2018 = $300
Revenue during 2018 = $7,500
Expenses during 2018 = $6,800
Distributions to owners during 2018 = $100
What is the amount of the company's total assets at December 31, 2018?
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