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Beginning Retained Earnings is $ 1 0 , 0 0 0 , Ending Retained Earnings is $ 2 0 , 0 0 0 , Depreciation

Beginning Retained Earnings is $10,000, Ending Retained Earnings is $20,000, Depreciation is $5,000, and Dividends of $15,000 were declared and paid. What amount is shown as Net Income in the operating section of the statement of cash flows?

 


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