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Please help answer this question, and give your calculation breakdown. thanks. Based on the following account balances, what is the total
Please help answer this question, and give your calculation breakdown.
thanks.
Based on the following account balances, what is the total shareholders' equity?
Common Shares........................................................... $600,000
Stock Dividends Distributable....................................... 40,000
Retained Earnings......................................................... 190,000
Preferred Shares........................................................... 20,000
Dividends Payable........................................................ 30,000
(a) $620,000
(b) $800,000
(c) $820,000
(d) $850,000
