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QUESTION
Baltimore Company experienced a total increase in stockholders' equity of $29,000 during the current year.
Baltimore Company experienced a total increase in stockholders' equity of $29,000 during the current year. Stockholders' equity was increased by additional issuances of $51,000 capital stock during the year. No dividends were paid. Expenses incurred during the year were $84,000. How much was Baltimore's revenue for the year?
