Question: content area top Part 1 Precision Camera Services started the year with total assets of $130,000 and total liabilities of $60,000. The revenues and the

content area top Part 1 Precision Camera Services started the year with total assets of $130,000 and total liabilities of $60,000. The revenues and the expenses for the year amounted to $150,000 and $90,000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $70,000. What is the amount of stockholders' equity at the end of the year

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