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A company reported the following asset and liability balances at the end of 2021 and 2022 : During 2022 , cash dividends of $70,000 were
A company reported the following asset and liability balances at the end of 2021 and 2022 : During 2022 , cash dividends of $70,000 were declared and paid, and common stock was issued for $110,000. What was the amount of net income for 2022 ? Multiple Choice $190,000. $370,000. $300,000. $260,000
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