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Bonita Industries began the year with retained earnings of $108000. During 2022. the company issued $75500 of common stock for cash. The company recorded revenues

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Bonita Industries began the year with retained earnings of $108000. During 2022. the company issued $75500 of common stock for cash. The company recorded revenues of $772000, expenses of $666000, and paid dividends of $45000. What was Bonitas net Income for the year 2022 O $106000 O $136500 $181500 O 561000

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