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Compute stockholders equity for 2011

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Reference no: EM131610865

A company has had retained earnings of $56,000 and total stockholders' equity of $75,000 at the beginning of 2011. During 2011, the company had net income of $21,000 declared and paid a dividend of $8,000, and had other comprehensive income of $4,000. They did not issue or buy back any shares in 2011.

Compute stockholders' equity for 2011.

Reference no: EM131610865

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