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At the beginning of the period the stockholders equity is 300,000; at the end of the period assets are 155,000 and liabilities are 30,000. Does
At the beginning of the period the stockholders equity is 300,000; at the end of the period assets are 155,000 and liabilities are 30,000. Does this result in a net income or a net loss? What is the amount of the net income or loss?
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