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A company had the following assets and liabilities at the beginning and end of the current year: Beginning of year End of the year Assets

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A company had the following assets and liabilities at the beginning and end of the current year: Beginning of year End of the year Assets Liabilities $222,000 $ 92,000 253,000 76,600 Common stock in the amount of $19,000 was issued and dividends of $5.800 were paid during the year what the amount of net income for the year

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