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Use the information above to answer the following question

Assets totaled $24,250 and liabilities totaled $8,500 at the beginning of the year. During the year, assets decreased by $3,500 and liabilities increased by $2,800.

Use the information above to answer the following question. What is the amount of the change in stockholders' equity during the year?

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Accounting Basics: Use the information above to answer the following question

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Accounting Basics: Use the information above to answer the following question

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