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Nguyen Company Began the Year with Equity of $434,000

Question 179

Multiple Choice

Nguyen Company began the year with equity of $434,000. During the year, Nguyen issued ordinary shares for $588,000, recorded expenses of $1,680,000, and paid dividends of $112,000. If Nguyen's ending equity was $1,062,000, what was the company's revenue for the year?


A) $1,720,000.
B) $1,832,000.
C) $2,308,000.
D) $2,420,000.

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