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Business, 17.03.2020 06:30 SMNS625

Midtown, Inc. had the following transactions in 2018, its first year of operations: bullet Issued 31,000 shares of common stock. Stock has par value of $1.00 per share and was issued at $20.00 per share. bullet Earned net income of $70,000. bullet Paid no dividends. At the end of 2018, what is total stockholders' equity?

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