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A sole proprietorship had the following assets and liabilities at the beginning and end of this year, Beginning of the year End of the year

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A sole proprietorship had the following assets and liabilities at the beginning and end of this year, Beginning of the year End of the year Assets $149.000 207,000 Libilities $63.000 83,000 If the owner made no withdrawals during the year but did invest an additional $45.000 cash. The net income earned or net loss incurred by the business during the year is: bir mheenswout w a vettons, it should be indicated with a mlious sker)

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