Question: On January 1, ABC Inc. started the year with a $696,000 balance in Retained Earnings and a $593,000 balance in common stock. During the year,

On January 1, ABC Inc. started the year with a $696,000

On January 1, ABC Inc. started the year with a $696,000 balance in Retained Earnings and a $593,000 balance in common stock. During the year, the company reported net income of $104,000, paid a dividend of $14,800, and issued more common stock for $27,500. What is total stockholders' equity at the end of the year? Multiple Choice $1,405,700 $1,289,000 $1,350,700 $1,435,300

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