What is the ending equity at year-end

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Problem

A business starts the year with equity of $185,000. During the year, it earns a net income of $42,000. The business also issues shares worth $13,000 to new investors, At the same time, it pays dividends totaling $20,000. Get the instant assignment help. What is the ending equity at year-end?

Reference no: EM133973746

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