At the beginning of the year, paid-in capital was $164 and retained earnings was $94....
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Accounting
At the beginning of the year, paid-in capital was $164 and retained earnings was $94. During the year, the stockholders invested $48 and dividends of $12 were declared and paid. Retained earnings at the end of the year were $104. Total stockholders' equity at the end of the year was: $164 $188 $212 $316
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