Please show me your workABC Company’s total stockholders’ equity at the beginning of the year was $125,000. During the year ABC reported the following: Net loss of $18, 750 Stock issued in exchange for land totaling $50,000. Collections of accounts receivable $25,000. Dividends declared and paid totaling $1, 250 What is ABC’s total stockholders’ equity at the end of the year? $155,000 $180,000 $217, 500 $105,000Show transcribed image text ABC Company’s total stockholders’ equity at the beginning of the year was $125,000. During the year ABC reported the following: Net loss of $18, 750 Stock issued in exchange for land totaling $50,000. Collections of accounts receivable $25,000. Dividends declared and paid totaling $1, 250 What is ABC’s total stockholders’ equity at the end of the year? $155,000 $180,000 $217, 500 $105,000
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