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a A corporation was incorporated on January 1, ¥ funds of $75,000. During the first year of operat corporation paid a $2,000 cash dividend. No ad Year 6, the corporation’s liabilities had increase sheet, total assets should be reported at Coo » Basic Calculator [BI] Time Value Tables A. | $598,000 B. | $600,000 C. | $617,000 D. | $692,000 ° 2 B z i 3 g s eee Candidate: BAJAJ Nipun ‘ear 6, with $500,000 from the issuance of stock and borrowed ions, net income was $25,000. On December 15, the \ditional activities affected equity in Year 6. At December 31, d to $94,000. In the corporation's December 31, Year 6 balance