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1. San Mateo Healthcare had an equity balance of $1.38 million at the beginning of the year. At the end of the same year, its

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1. San Mateo Healthcare had an equity balance of $1.38 million at the beginning of the year. At the end of the same year, its equity balance was $1.98 million. A. Assuming that San Mateo is a not-for-profit organization, what was its estimated net income for the year? B. Assuming that San Mateo is a for-profit organization, what was its estimated net income for the year: i. Assuming it paid zero dividends to stockholder(s)? ii. Assuming it paid $200,000 in dividends to stockholder(s)

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