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A hospital reported net worth for the previous two years of the following: Net Worth As of date: 12/31/2016 $355,000 $54,000 $39,000 $24,000 12/31/2017 $394,000
A hospital reported net worth for the previous two years of the following: Net Worth As of date: 12/31/2016 $355,000 $54,000 $39,000 $24,000 12/31/2017 $394,000 Calculate net income for the year ending 12/31/2017 assuming that the hospital operates as a for-profit entity and distributes dividends of $15,000. $0
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