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-company's retained earnings increased $378,000 last year and its assets increased $976,000. The company declared a $64,000 cash dividend during he year. What was last

-company's retained earnings increased $378,000 last year and its assets increased $976,000. The company declared a $64,000 cash dividend during he year. What was last year's net income? Multiple Choice $14,000 $378,000 Oo oo

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