Question: Jim's Computer Repair Shop started the year with total assets of $ 3 0 0 , 0 0 0 and total liabilities of $ 2

Jim's Computer Repair Shop started the year with total assets of $300,000 and total liabilities of $200,000. During the year, the business recorded $500,000 in computer repair revenues, $300,000 in expenses, and Jim paid dividends of $50,000.
Stockholders' equity at the end of the year was

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