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Assets decreased by $40,000 during the period. Liabilities decreased by $12,000 during the period. No new shares of stock were sold and none repurchased. Cash

Assets decreased by $40,000 during the period. Liabilities decreased by $12,000 during the period. No new shares of stock were sold and none repurchased. Cash dividends declared and paid during the period were $22,000. Net income (loss) for the period was...

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