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Eagle Corporation operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At the end of the current period, the company reports the following amounts: Assets
Eagle Corporation operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At the end of the current period, the company reports the following amounts: Assets =$50,000; Liabilities =$27,000; Dividends =$3,000; Revenues = $14,000; Expenses =$9,000. Required: Calculate net income. Net income Calculate stockholders' equity at the end of the period. Stockholders' equity
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