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C2D2 Inc. has the following balances in its general ledger at December 31, 2015. Cash $10,000 Interest Payable $8,800 Dividends $10,000 Sales $140,000 Wages Expense

C2D2 Inc. has the following balances in its general ledger at December 31, 2015.

Cash $10,000

Interest Payable $8,800

Dividends $10,000

Sales $140,000

Wages Expense $75,000

Common Stock $2,000

Accounts Payable $8,000

Retained Earnings $38,000

Accumulated Depreciation $189,000

Depreciation $5,000

Fixed Assets $230,000

Inventory $23,800

Interest Expense $30,000

Taxes Payable $15,000

Utilities Expense $17,000

A. Based on the above information, C2D2 Inc.'s net income for 2015 is?

B. C2D2 Inc.'s balance sheet shows ? for its total assets on December 31, 2015.

C. After the year end closing entries the total of the balances in C2D2 Inc.'s income and expense accounts is?

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