A company started the current year with assets of $700,000,liabilities of $350,000 and common stock of $200,000. During thecurrent year, assets increased by $400,000, liabilities decreasedby $50,000 and common stock increased by $275,000. There was nopayment of dividends to owners during the year. Use the informationabove to answer the following question. What was the amount of thechange in total stockholders’ equity during the year?
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