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Beginning of year $216,000 $89,000 End of the year 247,000 75,400 Common stock in the amount of 16000 was issued and dividends of $5200 were

Beginning of year

$216,000 $89,000

End of the year

247,000 75,400

Common stock in the amount of 16000 was issued and dividends of $5200 were paid during the year. What is the amount of net income for the year?

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