15) Anchor Corporation has provided the following information for its most recent year of operation Revenues earned were $59,400, of which $5,800 were uncollected at the end of the year Operating expenses incurred were $23,800, of which $4,600 were unpaid at the end of the year Dividends declared were $7,000, of which $2,200 were unpaid at the end of the year Income tax expense is $10,680 What is the amount of net income reported on Anchor's income statement A) $20,720 B) $24,920 C) $20,020 D) $24,140 15) Anchor Corporation has provided the following information for its most recent year of operation Revenues earned were $59,400, of which $5,800 were uncollected at the end of the year Operating expenses incurred were $23,800, of which $4,600 were unpaid at the end of the year Dividends declared were $7,000, of which $2,200 were unpaid at the end of the year Income tax expense is $10,680 What is the amount of net income reported on Anchor's income statement A) $20,720 B) $24,920 C) $20,020 D) $24,140

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15) Anchor Corporation has provided the following information for its most recent year of operation  Revenues earned were $59,400, of which $5,800 were uncollected at the end of the year  Operating expenses incurred were $23,800, of which $4,600 were unpaid at the end of the year  Dividends declared were $7,000, of which $2,200 were unpaid at the end of the year  Income tax expense is $10,680  What is the amount of net income reported on Anchor's income statement  A) $20,720 B) $24,920 C) $20,020 D) $24,140 15) Anchor Corporation has provided the following information for its most recent year of operation  Revenues earned were $59,400, of which $5,800 were uncollected at the end of the year  Operating expenses incurred were $23,800, of which $4,600 were unpaid at the end of the year  Dividends declared were $7,000, of which $2,200 were unpaid at the end of the year  Income tax expense is $10,680  What is the amount of net income reported on Anchor's income statement  A) $20,720 B) $24,920 C) $20,020 D) $24,140

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15) Anchor Corporation has provided the following information for its most recent year of operation: Revenues earned were $59,400, of which $5,800 were uncollected at

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