On January 1, Barton Brothers, Incorporated started the year with a $695,000 balance in Retained Earnings...

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On January 1, Barton Brothers, Incorporated started the year with a $695,000 balance in Retained Earnings and a $606,000 balance in Common Stock. During the year, the company reported net income of $109,000, paid a dividend of $14,200, and issued more common stock for $20,000. What is total stockholders' equity at the end of the year? On January 1, Barton Brothers, Incorporated started the year with a $695,000 balance in Retained Earnings and a $606,000 balance in Common Stock. During the year, the company reported net income of $109,000, paid a dividend of $14,200, and issued more common stock for $20,000. What is total stockholders' equity at the end of the year?

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The question is asking for the total stockholders equity at the end of the year for Barton Brothers ... View the full answer