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Current Attempt in Progress Presented below are changes in all the account balances of Marigold Furniture Co. during the current year, except for retained earnings.

image text in transcribed Current Attempt in Progress Presented below are changes in all the account balances of Marigold Furniture Co. during the current year, except for retained earnings. Compute the net income for the current year, assuming that there were no entries in the Retained Earnings account except for net income and a dividend declaration of $25,710 which was paid in the current year. Net income $

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