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During 2016, Wayneright Company's total assets increased $100,000, and total liabilities decreased $60,000. During the same year, the company's investors invested an additional $120,000 and

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During 2016, Wayneright Company's total assets increased $100,000, and total liabilities decreased $60,000. During the same year, the company's investors invested an additional $120,000 and the company paid dividends of $60,000, What must have been the company's net income for 2016? Select one: O A $100,000 B. $ 60,000 C. 540,000 D. $ 80,000

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