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Assets Liabilities Beginning of year End of the year $221,000 $ 91,500 252,000 76,400 Common stock in the amount of $18,500 was issued and dividends

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Assets Liabilities Beginning of year End of the year $221,000 $ 91,500 252,000 76,400 Common stock in the amount of $18,500 was issued and dividends of $5,700 were paid during the year. What is the amount of net income for the year? Multiple Choice $46,100 $21,900 $33,300

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