Problem

O.January 1, 2011. Anson Company started the year with a $250.000 credit balance in Retain...

O.January 1, 2011. Anson Company started the year with a $250.000 credit balance in Retained Earnings and a $300,000 balance in Contributed Capital. During 2011. the company earned net income of $50.000, declared a dividend of 515,000, and issued more stock for$12.500. What is total stockholders’ equality on December 31, 2011

 a. $692.500

 b. $597,500

 c.  $585,000.

 d.  None of the above.

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