Question: I need step by step solution with accounting Pinnacle Corporation reported the following information at December 31, 2023: Accounts payable: $340,000 - Dividends paid: $90,000

I need step by step solution with accounting

Pinnacle Corporation reported the following information at December 31, 2023: Accounts payable: $340,000 - Dividends paid: $90,000 Cash: $225,000 - Expenses: $610,000 Inventories: $515,000 Revenue: $750,000 - Equipment: $480,000 Calculate Pinnacle Corporation's total equity at the end of 2023

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