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The company earned 75000 during the first year and

Question - Coleman Inc. reports total assets and total liabilities of $225/000 and $100/000, respectively, at the conclusion of its first year of business. The company earned $75,000 during the first year and distributed $30/000 in dividends. What was the firm's contributed capital?

A. $125,000

B. $95/000

C. $80,000

D. $50,000

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Accounting Basics: The company earned 75000 during the first year and

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