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Assets Liability Beginning of Year: $29,000 $18,000 End of Year: $64,000 $28,000 -If the owner contributes $43,500 and the owner withdraws $2,800, how much is

Assets Liability

Beginning of Year: $29,000 $18,000

End of Year: $64,000 $28,000

-If the owner contributes $43,500 and the owner withdraws $2,800, how much is net income (loss)?

*The answer is not $15700

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