At the beginning of 2016, a corporation had assets of $270,000 and liabilities of $160,000. During 2016, assets increased $25,000 and liabilities increased $5,000. What was stockholders' equity at December 31, 2016?

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The Answer of At the beginning of 2016, a corporation had assets of $270,000 and liabilities of $160,000. During 2016, assets increased $25,000 and liabilities increased $5,000. What was stockholders' equity at December 31, 2016?

At the Beginning of 2016, a Corporation Had Assets of $270,000