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Find the change in total stockholders equity during the year

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Question - On January 1 of the current year, Jimmy's Sandwich Company reported stockholders' equity totaling $125,500. During the current year, total revenues were $101,000 while total expenses were $90,500. Also, during the current year paid $25,000 in cash dividends. No other changes in equity occurred during the year. If, on December 31 of the current year, total assets are $201,000, find the change in total stockholders' equity during the year?

Reference no: EM132593840

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