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At the end of the current period, Rogers Company reports the following amounts: Assets = $29,000; Liabilities = $14,000; Dividends = $2,500; Revenues = $22,000;
At the end of the current period, Rogers Company reports the following amounts: Assets = $29,000; Liabilities = $14,000; Dividends = $2,500; Revenues = $22,000; Expenses = $11,000. Calculate net income and stockholders' equity at the end of the period.
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