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On January 1, 2016, Big Hero invested $300,000 to start Hero Corporation. During the year, Hero Corporation had total revenues of $60,000 and total expenses of $16,000. Cash dividends paid totaled $12,000.What must have been the balance in Hero Corporation's total assets at the end of the year, assuming no liabilities?A. $ 32,000B. $332,000C. $268,000D. $300,000
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On January 1, 2016, Big Hero invested $300,000 to start Hero Corporation. During the year, Hero Corp...
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