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Coronado Corporation, a private company, began operations on January 1 , 2 0 2 0 . During its first three years of operations, Coronado reported

Coronado Corporation, a private company, began operations on January 1,2020. During its first three years of operations, Coronado reported net income and declared dividends as follows:
\table[[,Netincome,Dividends declared],[2020,$50,000,$0
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