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At the beginning of January, 2014, Blossom Company had a balance in its Retained Earnings account totaling $ 33600. At the end of the year,

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At the beginning of January, 2014, Blossom Company had a balance in its Retained Earnings account totaling $ 33600. At the end of the year, the balance totaled $ 37600. If $ 8800 of dividends were declared and paid during the year, how much was net income during 2014? O $12800 O $ 42400 O $ 4800 O $ 4000

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