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Barsuk Company Began the Year with Stockholders' Equity of $108,000

Question 156

Multiple Choice

Barsuk Company began the year with stockholders' equity of $108,000. During the year, Barsuk issued stock for $147,000, recorded expenses of $420,000, and paid dividends of $28,000. If Barsuk's ending stockholders' equity was $290,000, what was the company's revenue for the year?


A) $455,000.
B) $483,000.
C) $602,000.
D) $630,000.

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