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Concord Corporationbegan the year by issuing $113000of common stock for cash. The company recorded revenues of $1230000, expenses of $971000, and paid dividends of $62000.

Concord Corporationbegan the year by issuing $113000of common stock for cash. The company recorded revenues of $1230000, expenses of $971000, and paid dividends of $62000. What wasConcordnet income for the year?

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