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A company reports a retained earnings balance of $3,000 for 2009. In 2008, the balance was $2,500. Between those years, they paid $100 in preferred
A company reports a retained earnings balance of $3,000 for 2009. In 2008, the balance was $2,500. Between those years, they paid $100 in preferred stock dividends and $200 in common dividends. Given that information, what must have been their net income for 2009
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