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10 . The owner's equity in a business amounted to $56,000 at the beginning of the year and $100,000 at the end of the year.
10 . The owner's equity in a business amounted to $56,000 at the beginning of the year and $100,000 at the end of the year. The owner had made no additional investments and had withdrawn $19,000 during the year. The net income for the year amounted to
a. | $76,000. |
b. | $67,000. |
c. | $63,000. |
d. | $188,000. |
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