Sandhill Corporation began the month of May with $68000 of obligations and $197000 of economic resources....

 

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Sandhill Corporation began the month of May with $68000 of obligations and $197000 of economic resources. Stockholders' equity increased by $26000 during May because the company paid $120000 of dividends and generated net income totaling $146000. How much is total stockholders' equity at the end of May? Sandhill Corporation began the month of May with $68000 of obligations and $197000 of economic resources. Stockholders' equity increased by $26000 during May because the company paid $120000 of dividends and generated net income totaling $146000. How much is total stockholders' equity at the end of May?