FastForward Has Beginning Equity of $257,000,net Income of $51,000,dividends of $40,000,and

question 145

Multiple Choice

FastForward has beginning equity of $257,000,net income of $51,000,dividends of $40,000,and investments by owners in exchange for stock of $6,000.Its ending equity is:

• A)$223,000
• B)$240,000
• C)$268,000
• D)$274,000
• E)$208,000

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