Question: Computing Ending Stockholders' Equity Streep Corp. is in its first year of operations and it reported the following amounts. Item Amount Common stock, December 31,

Computing Ending Stockholders' Equity Streep Corp. is in its first year

Computing Ending Stockholders' Equity Streep Corp. is in its first year of operations and it reported the following amounts. Item Amount Common stock, December 31, 2020 $ 72,000 Other comprehensive income, 2020 8,000 Dividends declared and paid, 2020 7,200 Net income, 2020 Compute the total amount of stockholders' equity as of December 31, 2020. $ 28,800

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