Use the following information for questions.
Financial statements for Kiner Company are given below:
Total assets on the statement of financial position at December 31, 2011 are $2,216,000.Accumulated deprecia-tion on the equipment sold was $112,000.
-Share capital stock (plus any share premium) at December 31, 2011 was
A) $800,000.
B) $920,000.
C) $520,000.
D) $1,240,000.
Correct Answer:
Verified
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