Given the following information,determine the value of having an additional bathroom.Assume that the comparable properties are similar in all other attributes besides those listed in the table below.
Definitions:
Accounting Equation
The foundational formula in accounting, represented as Assets = Liabilities + Equity, underscoring the balance sheet structure.
Stockholders' Equity
The ownership interest of shareholders in the assets of a company, calculated as total assets minus total liabilities.
Net Income
The amount of profit a company generates after all expenses, taxes, and costs have been subtracted from its total revenue.
Cash Dividends
Dividends paid out in the form of cash from a corporation's earnings to its shareholders.
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