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Use the Following Information to Answer the Question Below A Balance Sheet Prepared on December 31,2013,would Report Total Stockholders

Question 7

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Use the following information to answer the question below.
The following accounts appear in the ledger of Bullock Corporation on December 31,2013:
 Preferred Stock $60,000 Common Stock 94,000 Additional Paid-in Capital, Preferred 14,000 Additional Paid-in Capital, Common 36,000 Retained Earnings 80,000\begin{array}{lc}\text { Preferred Stock } & \$ 60,000 \\\text { Common Stock } & 94,000 \\\text { Additional Paid-in Capital, Preferred } & 14,000 \\\text { Additional Paid-in Capital, Common } & 36,000 \\\text { Retained Earnings } & 80,000\end{array} A balance sheet prepared on December 31,2013,would report total stockholders' equity of


A) $154,000.
B) $168,000.
C) $204,000.
D) $284,000.

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