Savvy Sightseeing had beginning equity of revenues of expenses of

Question

Savvy Sightseeing had beginning equity of $72,000; revenues of $90,000, expenses of $65,000, and dividends to stockholders of $9,000. Calculate the ending equity.
A.$88,000.
B.$25,000.
C.$97,000.
D.$38,000.
E.$47,000.

Answer

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