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1. Nawal, Inc. had revenues of $330,000 and expenses of $150,000 in 2019. During 2019, the company did not issue any common stock, but it
1. Nawal, Inc. had revenues of $330,000 and expenses of $150,000 in 2019. During 2019, the company did not issue any common stock, but it distributed dividends of $210,000. Calculate Nawal's net income for the year
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