(Answered) A company has had retained earnings of 56000 and total

Management Studies

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.

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Business Management, Management Studies

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