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In 2014 the batman co generated 12000 of net income and

Question - On January 1, 2013, Robin invested capital of $100,000 into his newly formed corporation Batman Co. That year, the corporation generated $10,000 of net income. In 2014, the Batman Co generated $12,000 of net income and paid out $6,000 in dividends. Determine the ending stockholder's equity balance at the end of 2014.

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Accounting Basics: In 2014 the batman co generated 12000 of net income and

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