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As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $921,022 and liabilities of $279,051. During Year

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As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $921,022 and liabilities of $279,051. During Year 2, stockholders invested an additional $28,960 and received $25,676 in dividends from the business. What is the amount of net income during Year 2, assuming that as of December 31, Year 2, assets were $980,322 and liabilities were $231,379? Oa. $59,300 Ob. $47,672 Oc. $103,688 Od. $25,676

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