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You Have Been Provided the Following Information About High Inc

Question 71

Multiple Choice

You have been provided the following information about High Inc.
 in thousands of dollars)  20052006 Current Assets $158$163 Long Term Assets $453$502 Current Liabilities $102$143 Long Term Liabilities $302$348 Net Income $32$42\begin{array}{|l|l|l|}\hline {\text { in thousands of dollars) }} & {2005} &{2006} \\\hline \text { Current Assets } & \$ 158 & \$ 163 \\\hline \text { Long Term Assets } & \$ 453 & \$ 502 \\\hline \text { Current Liabilities } & \$ 102 & \$ 143 \\\hline \text { Long Term Liabilities } & \$ 302 & \$348 \\\hline \text { Net Income } & \$ 32 & \$ 42 \\\hline\end{array}
-Owner's Equity for 2006 is:


A) $20,000
B) $154,000
C) $174,000
D) $207,000

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