3. Suns reported net income for 2016 is $300,000, allocated $100,000 to preferred stockholders and $200,000 to

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3. Sun’s reported net income for 2016 is $300,000, allocated $100,000 to preferred stockholders and $200,000 to common stockholders.

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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