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1. At the beginning of the year, Company ABC reported total liabilities of $356,000. At the end of the year, the company gore. Total assets

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1. At the beginning of the year, Company ABC reported total liabilities of $356,000. At the end of the year, the company gore. Total assets at the end of the year were $67,000 larger than at beginning of the year. Assuming that during the year, the company (a) did not issue ang additional stock, (b) did not perenalarangay Treasing stock, and and paid an $8,500 dividend, what was net income closs) for the year? b) $ 37, 400 38,00 d) $29,600 21 ns coroa Arenas

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