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A company's December 31, 2019 balance sheet reported assets of $115, liabilities of $53, and common stock of $11. If retained earnings on the December

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A company's December 31, 2019 balance sheet reported assets of $115, liabilities of $53, and common stock of $11. If retained earnings on the December 31, 2020 balance sheet is $118 and the company paid a $25 dividend during 2020, then the company's net income for 2020 is

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