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Beginning stockholders' equity was $120,000.Ending stockholders' equity was $195,000.Additional issuances of capital stock during the year amounted to $18,000.Dividends during the year amounted to $12,000.How

Beginning stockholders' equity was $120,000.Ending stockholders' equity was $195,000.Additional issuances of capital stock during the year amounted to $18,000.Dividends during the year amounted to $12,000.How much was net income for the year?

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