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A company reported total stockholders' equity of $170,000 on its balance sheet dated december 31, 2018. During the year ended december 31, 2019, the company reported net income of $20,000, declared and paid a cash dividend of $4,000, declared and distributed a 10% stock dividend with a $5,000 total market value, and issued additional common stock for $40,000. What is total stockholders' equity as of december 31, 2019?

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ayokenny2001

The total stockholders' equity as of December 31, 2019 is $226,000

What is stockholders' equity?

Shareholders' equity is what show how much the owners of a company have invested in the business over a period of time.

Computation of ‘December 31, 2019 Stockholder’s Equity’ is given below;

= Stockholder’s Equity + (2019, Net Income – 2019, Cash Dividends Declarations) + 2019, Common Stock issued

= 170,000 + ($20,000 - $4,000) + $40,000

= $226,000

Hence, the total stockholders' equity as of December 31, 2019 is $226,000

Learn more about stockholders' equity here : https://brainly.com/question/11110287

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