Douglas Corporation had the following information available for the current year: Beginning of the year: Assets $ 800,000 Liabilities 450,000 End of the year: Assets 1,300,000 Liabilities 1,000,000 During the year: Additional issuance of capital stock 200,000 Revenues ? Expenses 700,000 Dividends 50,000 What are Douglas’s Revenues for the year?
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