During July, its first period of operations, Aju inc.sold ordinary shares for W960,000,000, earned net income of W110,000,000, and paid dividends of W27,000,000.Equity at the end of July is

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Equity at the end of July is calculated as the initial equity from selling shares (W960,000,000) plus net income (W110,000,000) minus dividends paid (W27,000,000), resulting in W1,043,000,000.

During July, Its First Period of Operations, Aju Inc