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Changes in the balance sheet accounts at June 30,201 and 202 for the Poker Comparly are presented below. Additional Information for 202 : Net income

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Changes in the balance sheet accounts at June 30,201 and 202 for the Poker Comparly are presented below. Additional Information for 202 : Net income was $480,000 and dividends of $400,000 were declared. Common stock was issued for cash. A new long-term investment was acquired for $360,000. A long-term investment was sold for $160,000. Equipment that cost $600,000 was sold for $200,000. The book value of those assets was $150,000. The dividends actually paid during 202 are: Multiple Choice 50. $400,000 $270.000 $300.000

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