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Determine the net income of a company for which the following information is available: Employee salaries expense $ 197,000 Interest expense 27,000 Rent expense 37,000

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Determine the net income of a company for which the following information is available: Employee salaries expense $ 197,000 Interest expense 27,000 Rent expense 37,000 Consulting revenue 570,000 FastForward has beginning equity of $258,000, net income of $51,100, dividends of $40,500, and investments by owners in exchange for stock of $6,100. Its ending equity is: Multiple Choice O $268,600 O $241,300 O $274,700 $223,600 O $211,400 A company's balance sheet shows: cash $23,600, accounts receivable $16,800, office equipment $52,000, and accounts payable $17,800. What is the amount of equity? Multiple Choice O $110,200 O $29,400 O $17,800 $74,600 $92,400 If beginning retained earnings was $184,900, net income for the period was $202,000 and ending retained earnings was $323,000, what was the total amount of dividend distributed for the period? Multiple Choice O $305,900 O $340,100 O $63,900 O $138,100 O $709,900

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