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At the beginning of the year, the Swaim Company had total assets of $1,800,000 and total stockholders equity of $690,000. During the year, total assets

At the beginning of the year, the Swaim Company had total assets of $1,800,000 and total stockholders equity of $690,000. During the year, total assets increased by $270,000, and total liabilities increased by $126,000. The company also paid $21,000 in dividends. How much was the net income for the year

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