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ABC Company's accounting records reported the following account balances as of December 31,2028 : 2028) Additional information: ABC Company's total equity at December 31, 2028

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ABC Company's accounting records reported the following account balances as of December 31,2028 : 2028) Additional information: ABC Company's total equity at December 31, 2028 was equal to 75% of the total liabilities at December 31, 2028. Calculate the amount of net income reported in ABC Company's 2028 income statement

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