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QUESTION
CBA Company reported total stockholders equity of $85,000 on its balance sheet dated December 31, 2008.
CBA Company reported total stockholders equity of $85,000 on its balance sheet dated December 31, 2008. During the year ended December 31, 2009, it reported a net income of $10,000, declared and paid a cash dividend of $2,000, and issued additional capital stock of $20,000. Therefore, total stockholders equity at December 31, 2010, was
